$479,000

2720 E Grant Ave, Fresno, CA 93701

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8 bd · 4.0 ba · 2,700 sqft · $177/sqft · 0.14 acres

Residential Income · Quadruplex · Built 1965 · 37 days on Properkey

Description

Investment opportunity in Fresno with significant rental upside. This fourplex features four 2-bedroom, 1-bath units totaling approximately 2,700 square feet. Built in 1965, the property offers an opportunity for an investor looking to add value, reposition rents, and build long-term rental income.Comparable 2-bedroom rentals in the surrounding area rent for significantly more than this property's current rents, creating an opportunity for an investor to increase rental income and maximize the property's long-term value.Offered at $479,000, this multifamily property may appeal to local rental property investors, value-add buyers, and 1031 exchange buyers looking for an income-producing real estate opportunity with room for future growth.Property has deferred maintenance and is being sold in its present condition. Please do not disturb tenants. Make offer subject to interior inspection. Buyer to verify rents, expenses, property condition, and potential rental income.

Agent & source

Listed by
Eric K. McCormick
Brokerage
London Properties, Ltd.
DRE
#01931027
MLS # 655160 Source FRESNO

Property details

Rooms & Layout

Levels
One
Bedrooms
8
Bathrooms
4.0 (4 full)

Property Features

Lot features
Urban

Building & Construction

Construction Materials
Stucco
Roof
Composition
Foundation
Concrete Perimeter

Exterior & Parking

Parking
Carport, Carport

Interior & Comfort

Heating
Yes
Cooling
Central Heat/Cool

Utilities

Water Source
Public
Electric
On
Public Utilities

Nearby

Active Pending Closed Rental
High
Fresno Unified District

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