3374 W Shields Avenue #101-4 Fresno CA 93722 MLS #631004

Property Type: FourplexDesign: Townhouse-style units in a gated, well-maintained communityUnit Mix:2 Units – 3 Bed / 2.5 Bath2 Units – 2 Bed / 2.5 BathEach Unit Includes:1-Car GarageWasher/Dryer HookupsSmall Private YardCommunity Amenities:Gated Entry for Enhanced SecurityCommunity PoolHOA covers water, sewer, garbage, exterior maintenance, security, landscaping, and moreFinancial Overview:Current Monthly Rent Income: $6,953Unit 101: $1,874 (3 Bed / 2.5 Bath)Unit 102: $1,570 (2 Bed / 2.5 Bath – Currently Vacant; tenant moving in soon)Unit 103: $1,545 (2 Bed / 2.5 Bath)Unit 104: $1,964 (3 Bed / 2.5 Bath)Projected Rent (Effective 8/1/25, Pending Approval):Unit 101: $2,030Unit 102: $1,600 (Proforma)Unit 103: $1,675Unit 104: $2,030Rent increase request of 8.8% submitted to Fresno Housing Authority (NORA form sent). Approval highly likely.Projected Total Monthly Rent: $7,335Comparable Properties Rent: ~$7,400/monthHOA Dues: $1,250/monthCovers water, sewer, trash, security, exterior upkeep, landscaping, etc.Cash Flow:Positive cash flow from day one – All units occupied or secured.Housing Authority Voucher Limits:3-Bed Units: Up to $2,2802-Bed Units: Up to $1,620Sale Conditions:Contingent on Seller Securing a Replacement PropertyIf a suitable replacement property is not found, the seller reserves the right to cancel the transaction.Viewing Information:Vacant Unit (102): Interior access availableDrive by