3304 N Howard AVE, Fresno, CA 93726
3304 N Howard AVE, Fresno, CA 93726
3304 N Howard AVE, Fresno, CA 93726
5
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$1,425,000
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3 Beds
2 Baths
1,591 SqFt
New

3304 N Howard AVE Fresno, CA 93726

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Darren Wade

Darren Wade

+1(559) 312-7467

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,591 sqft

Price per Sqft $895

MLS Listing ID 654927

Bedrooms 3

Full Baths 2

HOA Y/N No

Year Built 1953

Lot Size 6,564 Sqft

Property Sub-Type Multi Family

Property Description

I am pleased to present a unique investment opportunity featuring a portfolio of 5 single-family homes with separate APN numbers for sale.Portfolio Highlights: - Property Mix: Includes one 3 bed/2 bath home, three 4 bed/2 bath homes, and one 5 bed/2 bath home. - Occupancy: A combination of 3 long-term occupied homes (tenants residing 8-15 years on month-to-month leases) and 2 recently vacant homes. - Upside Potential: Current rents are below market value and due for an increase. A fully occupied proforma yields a projected 6.70% cap rate. - Tenant Responsibilities: Residents cover PG&E, trash, sewer, water, and personal expenses.The seller also owns similar occupied investment properties and is open to further discussion. Please inquire if you are interested in expanding your portfolio.Proforma and a complete list of expenses will be provided upon acceptance of an offer. Please do not disturb the tenants, and submit all offers subject to inspection.

Location

State CA

County Fresno

Interior

Cooling Central Heat/Cool

Fireplaces Type One Unit

Exterior

Parking Features Garage, Open, More than One Space

Garage Spaces 1.0

Community Features Utility Room

Utilities Available Public Utilities, Natural Gas Connected

Roof Type Composition

Building

Lot Description Urban

Story 1

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Schools

High Schools Fresno Unified

Fresno MLS
Listed by Fresno Income Properties

NEARBY SCHOOL & BUSINESS

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Darren Wade

Darren Wade

Broker Associate License ID: 01910957

+1(559) 312-7467

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3304 N Howard AVE