This turnkey 6-unit property consists of all 2-bedroom, 1-bathroom units, each approximately 703 square feet. This property was completely renovated in 2020 with a new roof, windows, exterior paint, and plumbing fixtures. Recent unit upgrades include new flooring, paint and upgraded appliances. With rents near market value and a cap rate of 6.76%, this property offers strong cash flow potential and a solid foundation for investors seeking reliable returns and portfolio growth. Current monthly gross rents total $7,843/m. Conveniently located near Highways 180 and 168, residents have easy access to nearby schools, parks, shopping centers, and other key amenities. Please do not walk the grounds or disturb the tenants; write all offers subject to interior inspection.
Property Details
Price:
$799,900
MLS #:
626968
Status:
Active
Beds:
12
Baths:
6
Address:
4421 E Hedges Avenue
Type:
Multi Family
Subtype:
5 to 15 Units
Neighborhood:
703
City:
Fresno
Listed Date:
Mar 14, 2025
State:
CA
Finished Sq Ft:
4,608
ZIP:
93703
Lot Size:
10,500 sqft / 0.24 acres (approx)
Year Built:
1967
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Schools
School District:
Fresno Unified
Interior
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Community
- Address4421 E Hedges Avenue Fresno CA
- Area703
- CityFresno
- CountyFresno
- Zip Code93703
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4421 E Hedges Avenue
Fresno, CA
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