3345 E Fairmont Avenue Fresno CA 93726 MLS #ML81971613

3345 E Fairmont Avenue
Fresno, CA, 93726
$948,800
Beds
0 Baths
SqFt
0.2 Acres
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3345 E. Fairmont is a 6 units apartment building consisting of 2/1 with a total of 12 Bed and 6 bathrooms. Each unit is approx. 700 SF. The current rent is $6,500 per month. Proforma $78,000 per year and annual expense of $33,000 with an NOI of $43,560.00. The cap rate is 4.5%. There are several leases expiring so there is room for rent increase. RUBS is also being implemented which will help increase the income for the investor/ 3 out of 6 units were fully renovated 2 years ago.

Property Details

Price:
$948,800
MLS #:
ML81971613
Status:
Active
Baths:
0
Address:
3345 E Fairmont Avenue
Type:
Residential Income
Subtype:
Mixed Use
City:
Fresno
Listed Date:
Jul 2, 2024
State:
CA
ZIP:
93726
Lot Size:
8,820 sqft / 0.20 acres (approx)
Year Built:
1966
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Gina Jelladian-Boyajian

Gina Jelladian-Boyajian

Realtor

Phone 559 905-9502

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Slab
Garage Spaces
0.00
Parking Features
Carport
Parking Spots
0.00
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Sewer
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Stories Total
2
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Rover IDX
3345 E Fairmont Avenue
Fresno, CA

FRESNO OFFICE

1099 East Champlain Dr.

Suite A #229

Fresno, CA 93720

CENTRAL COAST

OFFICE

Post Office Box 485

Avila Beach, CA 93424

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