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$ 750,000
Est. payment /mo
Price Dropped by $10K
3374 W Shields AVE #101-4 Fresno, CA 93722
10 Beds
10 Baths
4,328 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,328 sqft
Price per Sqft $173
MLS Listing ID 631004
Bedrooms 10
Full Baths 10
HOA Y/N No
Year Built 1990
Lot Size 10,890 Sqft
Property Sub-Type Quadruplex
Property Description
🏡 Turnkey 4-Plex in Gated Community - Fully Occupied & Cash-Flowing!Exceptional passive income opportunity! This townhouse-style 4-unit property offers strong, rents with immediate positive cash flow. All units are currently occupied, with interiors freshly painted for new tenants and the exterior repainted just 4 months ago. Every unit has washer dryer hookup, Easy access to Hwy 99, 1 car garage and additional parking spots for units, make the units desirable. Units are spaciousProperty Highlights:4 Total Units in a secure gated community 2 Units - 3 Bed / 2.5 Bath 2 Units - 2 Bed / 2.5 BathPrivate 1-car garages, washer/dryer hookups, and fenced yards for each unitHOA provides water, sewer, garbage, exterior maintenance, security, landscaping, and common area careFinancial Snapshot:Current Gross Rents: $7,210/month ($86,520/year)HOA Dues: $1,250/monthMarket rents and voucher limits allow for future upside, with potential to reach ~$7,800/monthAll rents within Fresno Housing Authority voucher limits ideal for long-term Section 8 tenantsWhy This Property?✔ Turnkey, fully occupied investment✔ Strong rental demand with voucher compatibility✔ Low-maintenance with HOA covering exterior upkeep✔ Gated community for added tenant appeal and securityWhether you're a seasoned investor or entering the multi-family market, this property offers the rare combination of immediate returns, minimal upkeep, and built-in growth potential.
Location
State CA
County Fresno
Interior
Heating Central
Cooling Central Heat/Cool, Central Air
Fireplaces Type None
Exterior
Utilities Available Public Utilities, Natural Gas Connected
Roof Type Composition
Building
Lot Description Urban
Story 2
Foundation Concrete Perimeter
Sewer On, Public Sewer
Water Public
Schools
High Schools Central Unified
Others
Virtual Tour https://www.youtube.com/watch?v=FMlmtpCCtWs
Listed by Realty Concepts, Ltd. - Clovis
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