NOT LISTED FOR SALE

707 E Shields Ave Fresno, CA 93704

Maroa Neighborhood
6 Beds
2 Baths
1,809 Sq Ft
10,018 Sq Ft Lot

Last Sold December 24, 2024

Last sale price $370,000 $205 Per Sq Ft

104 Days on Market

Highlights

  • Corner Lot
  • Central Air
  • Garage
  • 1-Story Property

About This Home

As of December 2024

Tower 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

Matt Niswander

Bloom Group, Inc. License #01767140 Listed on: 08/27/2024

Bloom Group, Inc.

Last Buyer's Agent

Tyson Perez

Iron Key Real Estate License #02209556

Iron Key Real Estate

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Type: Multi Family
  • Property Sub Type: Duplex
  • Price Per Square Foot: 204.53
  • Year Built Exception: 0
  • Stories: One
  • Special Features: None
  • Year Built: 1954

Interior Features

  • Fireplace: All Units
  • Stove: All units
  • Bathrooms: 2.00
  • Bedrooms: 6
  • Square Footage: 1809.00

Exterior Features

  • Roofing: Composition
  • Exterior: Other
  • Foundation: Wood Subfloor

Garage/Parking

  • Additional Parking: Garage

Utilities

  • Gas And Electric: Public Utilities
  • Sewer/Water: Public Water, Public Sewer
  • Heat/Cool: Central Heat/Cool

Condo/Co-op/Association

  • Association: Fresno MLS

Association/Amenities

  • Site Amenities: Corner

Lot Info

  • Acres: 0.2300
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 10018.00
  • Price Per Acre: 1608695.65

Building Info

  • Year Built: 1954

Rental Info

  • TenantPays: All Utilities

Multi Family

  • Annual Income: 27600.00
  • IncomeIncludes: Unit Rent, Other
  • Total Units: 2

MLS Schools

  • School District 2: Fresno Unified

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 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

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Matt Niswander

    Bloom Group, Inc.

    (559) 455-8006

    1 in this area

    49 Total Sales

    Matt Niswander
    Section Image

  • T

    Buyer's Agent in 2024

    Tyson Perez

    Iron Key Real Estate

    (559) 362-3216

    1 in this area

    14 Total Sales

    Tyson Perez
    Section Image
See All Agents

Map

Source: Fresno MLS

MLS Number: 617600

Fresno MLS
California Fresno County Fresno 93704 Maroa

707 E Shields Ave, Fresno, CA

Not Listed for Sale

MultiFamily

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