M
Seller's Agent in 2024
Matt Niswander
Bloom Group, Inc.
(559) 455-8006
1 in this area
45 Total Sales
707 E Shields Ave Fresno, CA 93704
Maroa Neighborhood
6
Beds
2
Baths
1,809
Sq Ft
10,019
Sq Ft Lot
Highlights
- Corner Lot
- Central Air
- Garage
- 1-Story Property
About This Home
As of December 2024Tower District - Duplex Investment Opportunity ! Discover this versatile live / work duplex, offering two well-appointed units, each with 3 bedrooms, 1 bathroom, and separately metered. The property features a spacious garage with convenient laundry hook ups and a large yard. Both units are currently occupied by a single tenant, who is month to month for $2,150/month NNN + $150 Tax & Insurance reimbursements ($2,300 total monthly). The NNN reimbursements gets readjusted annually or when a new lease is signed providing positive cash flow for the future. Proforma market rent is $1,850 per unit + NNN. Offers subject to inspection, do not disturb tenant. This is a rare chance to secure a strong investment with room for growth. Offers are subject to inspection - please respect the tenant's privacy and do not disturb.
Last Agent to Sell the Property
Bloom Group, Inc. License #01767140 Listed on: 08/27/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1954
Lot Details
- 10,018 Sq Ft Lot
- Corner Lot
Parking
- Garage
Home Design
- Duplex
- Wood Foundation
- Composition Roof
Interior Spaces
- 1,809 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Bathrooms
Utilities
- Central Air
Community Details
- 2 Units
- Gross Income $27,600
Listing and Financial Details
- Tenant pays for all utilities
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/24/2024 12/24/24 | Sold | $370,000 | -7.5% | $205 / Sq Ft |
| 12/09/2024 12/09/24 | Pending | -- | -- | -- |
| 10/08/2024 10/08/24 | Price Changed | $399,950 | -4.8% | $221 / Sq Ft |
| 09/10/2024 09/10/24 | Price Changed | $419,950 | -2.3% | $232 / Sq Ft |
| 08/27/2024 08/27/24 | For Sale | $429,950 | -- | $238 / Sq Ft |
Source: Fresno MLS
Agents Affiliated with this Home
-
Matt Niswander
-
Tyson Perez
T
Buyer's Agent in 2024
Tyson Perez
Iron Key Real Estate
(559) 362-3216
1 in this area
17 Total Sales
Map
Source: Fresno MLS
MLS Number: 617600
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