$300,000

3705 E Iowa Ave, Fresno, CA 93702

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3 bd · 2.0 ba · 1,367 sqft · $219/sqft · 0.46 acres

Residential · Single Family Residence · Built 1910 · 44 days on Properkey

Description

Please do NOT disturb tenants! A unique investment opportunity awaits at 3705 E Iowa Avenue! This established income-producing property features two separate homes situated on one large lot, offering flexibility and excellent potential for an investor seeking multiple rental streams.Originally built in 1910, the property offers approximately 2,217 square feet of combined living space on an expansive lot of approximately 20,000 square feet. The two-home configuration provides the opportunity to generate rental income from both residences while maintaining separate living spaces for tenants. The detached garge is also an added benefit for tenants!Both homes are currently tenant occupied, providing an opportunity for an investor to acquire an existing rental property with established occupancy. The property also features solar through PPA agreements on both homes.Situation on a desirable and generous sized corner lot. This location offers valuable outdoor space and adds to the property's long-term appeal. Located in Fresno's 93702 area, this property provides convenient access to neighborhood amenities, schools, transportation, and the greater Fresno area.Whether you're expanding an existing rental portfolio or looking for a property with two income-producing residences on one parcel, 3705 E Iowa Avenue presents a compelling opportunity.

Agent & source

Listed by
Crystal Ansay
Brokerage
Diamond Realtors
DRE
#01850335
MLS # 653993 Source FRESNO

Property details

Rooms & Layout

Levels
One
Bedrooms
3
Bathrooms
2.0 (2 full)
Bathroom Features
Tub/Shower, Shower
Laundry
Inside

Property Features

Lot features
Urban, Corner Lot
Lot dimensions
160 x 125

Building & Construction

Architectural Style
Bungalow
Construction Materials
Wood Siding
Roof
Composition, Rolled/Hot Mop
Foundation
Concrete, Wood Sub Floor

Exterior & Parking

Parking
2-car garage
Patio & Porch
Covered
Other Structures
Other, Accessory Dwelling Unit

Interior & Comfort

Heating
Yes
Cooling
Central Heat & Cool
Flooring
Hardwood, Other

Appliances & Equipment

F/S Range/Oven, Refrigerator

Utilities

Water Source
Public
Electric
Electric Meter, On
Public Utilities

Nearby

Active Pending Closed Rental
Elementary
Rowell
Middle
Yosemite
High
McLane

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  3. 3.Finalize your offer. Your agent will prepare your offer and negotiate on your behalf.
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