New owner will benefit by starting with a clean, well managed property where the rents are at current market value and the return is a respectable 7.6% CAP rate. Compare to other 4 plex rentals where the rents are stuck at below market rates and can only be increased incrementally.Quiet 4 plex with plenty of windows that provide much light in apartment, tall and beautiful trees surround property and also have fruit trees on property. Near shopping and transportation. Washer and dryer hook-ups, private and enclosed garage. Secure fencing also surrounds the entire property. Very nice and friendly neighbors.Total Bedroom Count is per Seller since Unit 3239 (Rear) has been modified to contain 4 bedrooms (2 with portable closets). Total square footage is per tax records, square footage in each unit is estimated. Buyer to verify.
Property Details
Price:
$665,000
MLS #:
624400
Status:
Active
Beds:
7
Baths:
4
Address:
3233 E Normal Avenue
Type:
Multi Family
Subtype:
Quadruplex
Neighborhood:
703
City:
Fresno
Listed Date:
Jan 26, 2025
State:
CA
Finished Sq Ft:
2,838
ZIP:
93703
Lot Size:
8,400 sqft / 0.19 acres (approx)
Year Built:
1954
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Schools
School District:
Fresno Unified
Interior
Exterior
Garage Spaces
4
Financial
Map
Community
- Address3233 E Normal Avenue Fresno CA
- Area703
- CityFresno
- CountyFresno
- Zip Code93703
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3233 E Normal Avenue
Fresno, CA
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