3332 W Shields Avenue #101
Fresno, CA, 93722
$699,000
10 Beds
8 Baths
4,268 SqFt
0.2 Acres
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Property Type: FourplexUnits:2 units with 3 bedrooms, 2 baths2 units with 2 bedrooms, 2 bathsParking: Each unit includes a 1-car garageAdditional Features:Washer/dryer hookupsSmall yard for each unitGated community for securityNew Roof, Exterior paintFences replacedLVP flooringFinancials:Monthly Rent Income: $4973(current rent) + Vacant unit (approximately $1550) = $6523Unit 101: Vacant — 2 bed/2 bathUnit 102: $1563–2 bed /2 bathUnit 201: $1496 –3 bed /2 bath( tenant getting new RFTA to increase the rent)Unit 202: $1,914–3 bed/2 bathHOA Dues: $1,250/month (covers water, sewer, garbage, security, upkeep, landscaping etc.)Cash Flow: Positive cash flow from day of closing, as all units are rented.Market Comparison: Similar properties in the complex grossing around $6,800Housing Authority Payment Limits:3-Bed Voucher Maximum: $2,2802-Bed Voucher Maximum: $1,620

Property Details

Price:
$699,000
MLS #:
630937
Status:
Active
Beds:
10
Baths:
8
Address:
3332 W Shields Avenue #101
Type:
Multi Family
Subtype:
Quadruplex
Neighborhood:
722
City:
Fresno
Listed Date:
May 22, 2025
State:
CA
Finished Sq Ft:
4,268
ZIP:
93722
Lot Size:
8,680 sqft / 0.20 acres (approx)
Year Built:
1988
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3332 W Shields Avenue #101
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