$425,000
SOLD JUN 27, 2023 RENTED AUG 7, 2024
4 Beds
2 Baths
1,872 Sq Ft
6,750 Sq Ft Lot

Recently Sold

$227 Per Sq Ft

6% Below List Price

12 Days on Market

About This Home

As of June 2023

Presenting a Duplex in the highly sought after Tower District. This premium duplex, situated in Fresno's most desirable neighborhood, presents an unparalleled opportunity for local and out-of-town investors alike. With each unit featuring 2 bedrooms and 1 bathroom, this property is poised to impress. Nestled within a short stroll of renowned dining establishments, trendy shops, eclectic bars, and an unforgettable nightlife scene, this duplex encapsulates the essence of urban/Tower living at its finest.Investors seeking to expand their portfolio need not look further. The Tower District's unwavering demand for rental properties ensures consistent occupancy rates and a lucrative stream of rental income. Imagine the financial rewards of acquiring a property that not only appeals to long-term tenants but also offers the potential for highly profitable short-term rentals, catering to the area's thriving hotspot. Don't miss your chance to secure this remarkable opportunity, as the clock is ticking, and this exceptional real estate gem won't stay on the market for long.

Last Agent to Sell the Property

Roy Cordova

RI California Realty License #01944933 Listed on: 05/24/2023

Last Buyer's Agent

Rama Ambati

Ambati Properties License #00919580

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Parking

  • Uncovered Parking

Home Design

  • Duplex
  • Wood Foundation
  • Stucco

Interior Spaces

  • 1,872 Sq Ft Home
  • 1-Story Property
  • Heated Floors
  • Second Stove

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • 6,750 Sq Ft Lot
  • Cooling System Mounted To A Wall/Window

Community Details

  • 2 Units
  • Gross Income $27,840

Listing and Financial Details

  • Tenant pays for electricity, gas, cable TV

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Type: Multi Family
  • Property Sub Type: Duplex
  • Price Per Square Foot: 227.03
  • Year Built Exception: 0
  • Stories: One
  • Special Features: None
  • Year Built: 1925

Interior Features

  • Fireplace: All Units
  • Refrigerator: More than One Unit
  • Stove: More than One unit
  • Bathrooms: 2.00
  • Bedrooms: 4
  • Square Footage: 1872.00

Exterior Features

  • Roofing: Rolled Comp
  • Exterior: Stucco
  • Foundation: Wood Subfloor

Garage/Parking

  • Additional Parking: Uncovered

Utilities

  • Gas And Electric: Public Utilities
  • Sewer/Water: Public Water, Public Sewer
  • Heat/Cool: Floor or Wall Heat, Window or Wall A/C

Condo/Co-op/Association

  • Association: Fresno MLS

Lot Info

  • Acres: 0.1550
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 6750.00
  • Price Per Acre: 2741935.48

Building Info

  • Year Built: 1925

Rental Info

  • TenantPays: Electricity, Gas, Cable TV

Multi Family

  • Annual Income: 27840.00
  • IncomeIncludes: Unit Rent, All, Month to Month, Lease, Both
  • Total Units: 2

MLS Schools

  • School District 2: Fresno Unified

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2024 08/07/24 Rented $1,595 0.0% --
07/10/2024 07/10/24 Price Changed $1,595 -5.9% $2 / Sq Ft
06/28/2024 06/28/24 For Rent $1,695 0.0% --
06/27/2023 06/27/23 Sold $425,000 0.0% $227 / Sq Ft
06/05/2023 06/05/23 Pending -- -- --
06/02/2023 06/02/23 Off Market $425,000 -- --
05/24/2023 05/24/23 For Sale $450,000 +162.4% $240 / Sq Ft
05/16/2018 05/16/18 Sold $171,500 0.0% $92 / Sq Ft
04/23/2018 04/23/18 Pending -- -- --
04/16/2018 04/16/18 For Sale $171,500 -- $92 / Sq Ft
Source: Fresno MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Fresno MLS

MLS Number: 594867

Fresno MLS