NOT LISTED FOR SALE
5 Beds
4 Baths
2,802 Sq Ft
9,750 Sq Ft Lot

Last Sold May 17, 2024

Last sale price $515,000 $184 Per Sq Ft

5 Days on Market

Highlights

  • Heated Floors
  • Fenced Yard
  • Solar owned by a third party
  • Corner Lot
  • Fireplace
  • Garage

About This Home

As of May 2024

Welcome to an impeccably maintained residential income property, a gem in a serene corner setting. Comprising three buildings on a spacious corner lot, this investment exudes timeless appeal and modern convenience.The front triplex offers two inviting studios upstairs and a spacious 2-bedroom residence downstairs, complemented by a separate one-bedroom dwelling facing Pine Street. A three-car garage provides ample parking and storage space.Nestled in a meticulously preserved neighborhood near a school, this property caters to families and professionals seeking convenience and tranquility.Recent renovations, undertaken within the last four years, have revitalized every unit, infusing them with modern comforts and aesthetic charm. From remodeled interiors to newer sectional garage doors, attention to detail is evident throughout.Moreover, essential infrastructure upgrades, including re-roofing and the installation of energy-efficient dual-pane vinyl-framed windows, ensure durability and sustainability for years to come. Additional enhancements, such as replaced waste water lines and a new main electrical panel, underscore the property's commitment to excellence.Professionally managed with care, this property offers both lifestyle and security. With a solid cap rate of 7.68%, seize the opportunity to add a lucrative asset to your portfolio.

Last Agent to Sell the Property

Douglas Dart

Dart Realty License #01327834 Listed on: 04/05/2024

Last Buyer's Agent

Brian Ferguson

Suite One Real Estate Services License #01907765

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1942

Lot Details

  • 9,750 Sq Ft Lot
  • Fenced Yard
  • Corner Lot
  • Front Yard Sprinklers

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,802 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Heated Floors

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Parking

  • Garage
  • Uncovered Parking

Additional Features

  • Solar owned by a third party
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tenant pays for all utilities

Community Details

Overview

  • 3 Buildings
  • 4 Units

Building Details

  • Gross Income $66,789

Property Details

Home Type

Multi-Family

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Type: Multi Family
  • Property Sub Type: Quadruplex
  • Price Per Square Foot: 183.80
  • Year Built Exception: 0
  • Stories: Two
  • Leased Equipment: Solar Panels
  • Special Features: None
  • Year Built: 1942

Interior Features

  • Fireplace: One Unit
  • Bathrooms: 4.00
  • Bedrooms: 5
  • Square Footage: 2802.00

Exterior Features

  • Yard: Sprinkler - Front, Fenced, Mature Landcsape
  • Roofing: Composition
  • Exterior: Wood, Brick
  • Foundation: Both

Garage/Parking

  • Additional Parking: Garage, Uncovered, More than One Space

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

Association/Amenities

  • Site Amenities: Corner

Lot Info

  • Acres: 0.2238
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 9750.00
  • Price Per Acre: 2301161.75

Building Info

  • Year Built: 1942

Rental Info

  • TenantPays: All Utilities

Multi Family

  • Annual Income: 66789.00
  • IncomeIncludes: Unit Rent, Other
  • Total Units: 4

MLS Schools

  • School District 2: Fresno Unified

Range of Values:

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Average Value
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List Price
Sold Price
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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
05/17/2024 05/17/24 Sold $515,000 -2.6% $184 / Sq Ft
04/10/2024 04/10/24 Pending -- -- --
04/05/2024 04/05/24 For Sale $529,000 +164.5% $189 / Sq Ft
03/29/2018 03/29/18 Sold $200,000 0.0% $71 / Sq Ft
03/16/2018 03/16/18 Pending -- -- --
03/01/2018 03/01/18 For Sale $200,000 +158.9% $71 / Sq Ft
08/24/2012 08/24/12 Sold $77,239 0.0% $28 / Sq Ft
06/12/2012 06/12/12 Pending -- -- --
06/05/2012 06/05/12 For Sale $77,239 -- $28 / 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: 610466

Fresno MLS