$988,888
Active
60 Days Online
0 Beds0 Baths4,800 SQFT
Active

3345 E Fairmont Avenue Fresno, CA 93726

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3345 E. Fairmont is a 6 units apartment building consisting of 2/1 with a total of 12 Bed and 6 bathrooms. Each unit is approx. 700 SF. The current rent is $6, 500 per month. Proforma $78, 000 per year and annual expense of $33, 000 with an NOI of $43, 560.00. The cap rate is 4.5%. There are several leases expiring so there is room for rent increase. RUBS is also being implemented which will help increase the income for the investor/ 3 out of 6 units were fully renovated 2 years ago.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyFresno
  • Taxes$12,000
  • HOA/Condo/Coop Fees$0
  • Days on Site59 Days
  • MLS StatusActive
  • MLS ID NumberML81971613
  • Home Size Source Other
  • Year Built1966
  • Lot Size0.2025 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking Carport
  • Parking Spaces 0
  • Sewer Public Sewer
  • Number of Stories 2
  • Acreage 0.2025
  • Water Public
  • Property Sub Type Mixed Use
  • Garage Spaces 0
  • Foundation Slab
  • Zoning Multi-family
  • Listing Conditions Standard

Interior Features

  • Cooling Wall/ Window Unit(s)

Exterior Features

  • Roof Tar/ Gravel

Schools

School District
Fresno Unified
Elementary School
Other
Middle School
Other
High School
Other

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Monthly Payment (Est.)

$4,969
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