$639,000

4711 S Elm Ave, Fresno, CA 93706

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3 bd · 2.0 ba · 1,552 sqft · $412/sqft · 1.73 acres

Residential Income · Quadruplex · Built 1940 · 189 days on Properkey

Description

UPDATE! Currently painting entire exterior of project! and Price Reduction! Great opportunity and great potential! Location, Location, Location. Right off of Hwy 41 and future development and annexation into the city of Fresno looks bright! City water and sewers are about a mile away. Long term tenants and extremely low vacancy rate. House is a 3-2 and about 1,600 sf with a basement. Units (3) are all 2-1 with laundry at about 800sf each. One duplex and one freestanding for a total of four units. Total current rent is $3800/mo. Estimated market is closer to $5,000/mo. All but one of the tenants have been there in excess of 10 years.

Agent & source

Listed by
Wayne Carstens
Brokerage
Wayne Carstens, Broker
DRE
#01021074
MLS # 647056 Source FRESNO

Property details

Rooms & Layout

Levels
One
Bedrooms
3
Bathrooms
2.0 (2 full)
Laundry
In Unit

Property Features

Lot features
Suburban

Building & Construction

Construction Materials
Stucco
Roof
Composition
Foundation
Concrete Perimeter

Exterior & Parking

Parking
2-car garage, Carport, Open parking, Garage, Carport, Covered, Open, More than One Space

Interior & Comfort

Heating
Floor or Wall Heat
Cooling
Central Heat/Cool, Evaporative Cooling
Fireplace
One Unit

Appliances & Equipment

  • Refrigerator: None
  • Dishwasher: None
  • Disposal: None
  • Stove: All units

Utilities

Water Source
Domestic Water, Shared Well
Sewer
Septic Tank
Electric
On
Public Utilities, Natural Gas Connected

Nearby

Active Pending Closed Rental
High
Washington unified District

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