3374 W Shields Avenue Fresno CA 93722 MLS #620987

Property Type: Fourplex (units designed like townhouses)Units:2 units with 3 bedrooms, 2.5 baths2 units with 2 bedrooms, 2.5 bathsParking: Each unit includes a 1-car garageAdditional Features:Washer/dryer hookupsSmall yard for each unitCommunity poolGated community for securityFinancials:Monthly Rent Income: $6,953 (current rent)Unit 101: $1,874–3 bed/2.5 bathUnit 102: $1,570–2 bed /2.5 bathUnit 103: $1,545–2 bed /2.5 bathUnit 104: $1,964–3 bed/2.5 bathHOA Dues: $1,150/month (covers water, sewer, garbage, security, upkeep, landscaping, pool maintenance, etc.)Cash Flow: Positive cash flow from day of closing, as all units are rented.Market Comparison: Similar properties in the complex grossing around $6,352.Housing Authority Payment Limits:3-Bed Voucher Maximum: $2,2802-Bed Voucher Maximum: $1,620Sale Conditions:The sale is contingent upon the seller finding and securing approval for a replacement property. If the seller does not find a suitable property, they retain the right to cancel the sale.Viewing Information:Interior Pictures: Not available due to tenant privacy. Interior pictures posted are when units were vacant Drive-by only until open house.Open House: Date and time to be announced.Note:This property offers a great opportunity for investors looking for immediate rental income in a secure, well-maintained community. Please submit your offer subject to inspections