747 E Shields Ave - Multi-Family FOR SALE


Fresno, CA 93704- Maroa
$399,000 USD
760-987-5332
747 E Shields Ave, Fresno, CA for Sale
$399,000 USD
Multi-Family - FOR SALE
1/1
null | Request Cap Rate

747 E Shields Ave
Fresno, CA 93704
Maroa


HIGHLIGHTS

  • Qualifies for housing assistance programs such as Section 8
  • Turnkey investment opportunity. Per AB1482, statewide rent control, duplexes are exempt if one of the units is owner occupied
  • Centrally located in Fresno and in close proximity to Freeway 41

OVERVIEW

Colliers | Fresno is pleased to present this turnkey duplex, investment property available for sale in Fresno, California. 747 E. Shields Avenue is a 2 unit property totaling approximately 1,772 square feet. Each unit has 2 bedrooms/1 bathroom with private washer/dryer hookups and is approximately886 square feet. Currently one unit is vacant. Centrally located in Fresno, California, the property is near the intersection of Maroa and Shields Avenues. Built in 1950, the building is situated on approximately 6,720 square feet of land and zoned O. The units are individually metered for P.G.&E. and paid by tenant.

FOR SALE DETAILS

PRICE

$399,000 USD

PRICE/SF

$225 USD /SF

# OF UNITS

2

PRICE/UNIT

$199,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,720 SF

ZONING

O

APN/PARCEL ID

435-315-31

ASK ABOUT THIS PROPERTY

Jeffrey KimColliersMore Info
760-987-5332

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Jeffrey KimColliersMore Info
760-987-5332

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.