$375,000
SOLD SEP 3, 2020
6 Beds
4 Baths
2,966 Sq Ft
8,400 Sq Ft Lot

Recently Sold

$126 Per Sq Ft

9 Days on Market

Highlights

  • Heated Floors
  • 1-Story Property
  • Wood Siding
  • Fenced Yard
  • Refrigerated and Evaporative Cooling System
  • 2-minute walk to Radio Park

About This Home

As of September 2020

INSTANT INCOME!!! Fully occupied 4-plex located in the Mayfair District. Two units are 2 bed/1 bath and two units are 1 bed/1 bath. All units come with a garage and there is a storage room that has laundry hookups for coin-op machines for additional income. Low expenses and healthy rents make this property a GREAT investment producing an incredible 9.77% cap rate!!!

Last Agent to Sell the Property

Katherine Davenport

3D Realty License #01953409 Listed on: 08/04/2020

Co-Listed By

Erick Motta

3D Realty License #01803644

Last Buyer's Agent

Nonmember Nonmember

Nonmember

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 8,400 Sq Ft Lot
  • Fenced Yard

Home Design

  • Quadruplex
  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 2,966 Sq Ft Home
  • 1-Story Property
  • Heated Floors

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Utilities

  • Refrigerated and Evaporative Cooling System
  • Cooling System Mounted To A Wall/Window

Community Details

  • 4 Units
  • Gross Income $34,200

Listing and Financial Details

  • Tenant pays for electricity, gas, cable TV

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Type: Multi Family
  • Property Sub Type: Quadruplex
  • Price Per Square Foot: 126.43
  • Year Built Exception: 0
  • Stories: One
  • Special Features: None
  • Year Built: 1954

Interior Features

  • Fireplace: None
  • Bathrooms: 4.00
  • Bedrooms: 6
  • Square Footage: 2966.00

Exterior Features

  • Yard: Fenced
  • Roofing: Composition
  • Exterior: Stucco, Wood
  • Foundation: Concrete Perimeter

Garage/Parking

  • Additional Parking: One Space per Unit

Utilities

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

Condo/Co-op/Association

  • Association: Fresno MLS

Schools

  • School District: Fresno Unified

Lot Info

  • Acres: 0.1928
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 8400.00
  • Price Per Acre: 1945020.75

Building Info

  • Year Built: 1954

Rental Info

  • TenantPays: Electricity, Gas, Cable TV

Multi Family

  • Annual Income: 34200.00
  • IncomeIncludes: Unit Rent
  • Total Units: 4

MLS Schools

  • School District: 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
09/03/2020 09/03/20 Sold $375,000 0.0% $126 / Sq Ft
08/13/2020 08/13/20 Pending -- -- --
08/04/2020 08/04/20 For Sale $375,000 +33.9% $126 / Sq Ft
07/01/2019 07/01/19 Sold $280,000 0.0% $94 / Sq Ft
05/15/2019 05/15/19 Pending -- -- --
02/14/2019 02/14/19 For Sale $280,000 -- $94 / 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: 545301

Fresno MLS