329 N Glenn AVE new Save Request In-Person Tour Request Virtual Tour
Fresno,CA 93701
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,164 sqft
Price per Sqft $215
MLS Listing ID 629881
Bedrooms 7
Full Baths 8
Year Built 1953
Lot Size 0.362 Acres
Property Sub-Type Multi Family
Property Description
This investment opportunity features three separate structures totaling 8 units and approximately 4,164 square feet of living space on a 15,750 square foot lot (per tax records). Currently generating approximately $8,000 per month in gross scheduled rents, the property offers a strong in-place return with a 6.9% cap rate and a 9.4 GRM under current operations. This is a true cash-flow asset - well-positioned for both steady income and long-term appreciation. Whether you're expanding your portfolio or seeking a low-maintenance investment, this property represents a rare opportunity to acquire a high-performing asset in a solid rental market. Please do not walk the grounds or disturb the tenants; write all offers subject to interior inspection. SELLER FINANCING may be considered with at least 20% down.
Location
State CA
County Fresno
Interior
Cooling Central Heat/Cool
Fireplaces Type None
Exterior
Parking Features Open
Utilities Available Public Utilities
Roof Type Composition
Building
Lot Description Urban
Story 2
Foundation Concrete Perimeter
Sewer On
Water Public
Schools
High Schools Fresno Unified