4840 E University Avenue
Fresno, CA 93703
3722 sqft | 8 beds | 0.14 acres | #622725
Description
Fully occupied turnkey FOURPLEX! Three of the units are 2 bedrooms and 1 bathroom and have been renovated within the past 2 years, one unit has an extra half bathroom. Each unit has a single car garage and is separately metered for PG&E. Landlord is responsible for the City of Fresno utilities which include water, sewer, and trash. Laundry room is currently not in use but has all hook ups for washer and dryer to potentially generate additional income. Roof was last replaced approximately 15 years ago and one of the HVAC units was recently replaced. Current scheduled gross rents total $5,690/month. At asking, property performs at a 9.2 GRM and approximately 8.17% cap rate. Please DO NOT walk the grounds or disturb tenants, write offers subject to interior inspections.
Property Details
- FoundationConcrete Perimeter
- CoolingCentral Heat/Cool
- Cooling FeaturesCentral Heat/Cool
- Utility FeaturesPublic Utilities
- School DistrictFresno Unified
- Property TypeMulti-Family
- Sewer InformationPublic Sewer
- RoofComposition
- Property SubtypeQuadruplex
- Lot FeaturesSuburban
- Lot DescriptionSuburban
- Parcel Number49416005
- Acres0.1377
- Parking FeaturesGarage
- Parking TypeGarage
- Utility SourcePublic
- CountyFresno
- MLS #622725
- Cost628000
- MLS #622725
- Square Feet3722
- Year Built1969
- Bedrooms8
- Stories2
- Parking Spaces4
Location
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Last Updated: . Source: FRESNOMLS
Listing Courtesy
Listing Agent: Jin Kim (#23830)
Listing Office: Jin Jeffrey Kim, Broker (#84025)
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