707 E Shields Avenue Fresno CA 93704 MLS #617600

707 E Shields Avenue
Fresno, CA, 93704
$399,950
6 Beds
2 Baths
1,809 SqFt
0.23 Acres
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Tower District – Duplex Investment Opportunity ! Discover this versatile live / work duplex, offering two well-appointed units, each with 3 bedrooms, 1 bathroom, and separately metered. The property features a spacious garage with convenient laundry hook ups and a large yard. Both units are currently occupied by a single tenant, who is month to month for $2,150/month NNN + $150 Tax & Insurance reimbursements ($2,300 total monthly). The NNN reimbursements gets readjusted annually or when a new lease is signed providing positive cash flow for the future. Proforma market rent is $1,850 per unit + NNN. Offers subject to inspection, do not disturb tenant. This is a rare chance to secure a strong investment with room for growth. Offers are subject to inspection – please respect the tenant’s privacy and do not disturb.

Property Details

Price:
$399,950
MLS #:
617600
Status:
Active
Beds:
6
Baths:
2
Address:
707 E Shields Avenue
Type:
Multi Family
Subtype:
Duplex
Neighborhood:
704
City:
Fresno
Listed Date:
Aug 27, 2024
State:
CA
Finished Sq Ft:
1,809
ZIP:
93704
Lot Size:
10,018 sqft / 0.23 acres (approx)
Year Built:
1954
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Gina Jelladian-Boyajian

Gina Jelladian-Boyajian

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Phone 559 905-9502

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Fresno Unified

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Rover IDX
707 E Shields 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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