707 E Shields Avenue Active Save Request In-Person Tour Request Virtual Tour
Fresno,CA 93704
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,809 sqft
Price per Sqft $221
MLS Listing ID 617600
Bedrooms 6
Year Built 1954
Lot Size 10,018 Sqft
Property Description
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.
Location
State CA
County Fresno
Area 704
Interior
Heating Central Heat/Cool
Cooling Central Heat/Cool
Flooring Wood Subfloor
Fireplaces Type All Units
Exterior
Exterior Feature Other
Garage Garage
Garage Spaces 2.0
Roof Type Composition
Building
Story One
Sewer Public Water,Public Sewer
Water Public Water,Public Sewer
Schools
Elementary Schools Del Mar
Middle Schools Fort Miller
High Schools Fresno
School District Fresno Unified