3705 E Iowa Avenue, Fresno, CA 93702
- $300,000
- 3
- BD
- 2
- BA
- 1,367
- SqFt
- List Price
- $300,000
- Status
- ACTIVE
- Days on Market
- 8
- MLS#
- 653993
- Subtype
- Residential
- Style
- Bungalow
- Year Built
- 1910
- Bedrooms
- 3
- Bathrooms
- 2
- Full Baths
- 2
- Living Area
- 1,367
- Lot Size
- 19,998
- Acres
- 0.46
Property Description
Please do NOT disturb tenants! A unique investment opportunity awaits at 3705 E Iowa Avenue! This established income-producing property features two separate homes situated on one large lot, offering flexibility and excellent potential for an investor seeking multiple rental streams.Originally built in 1910, the property offers approximately 2,217 square feet of combined living space on an expansive lot of approximately 20,000 square feet. The two-home configuration provides the opportunity to generate rental income from both residences while maintaining separate living spaces for tenants. The detached garge is also an added benefit for tenants!Both homes are currently tenant occupied, providing an opportunity for an investor to acquire an existing rental property with established occupancy. The property also features solar through PPA agreements on both homes.Situation on a desirable and generous sized corner lot. This location offers valuable outdoor space and adds to the property's long-term appeal. Located in Fresno's 93702 area, this property provides convenient access to neighborhood amenities, schools, transportation, and the greater Fresno area.Whether you're expanding an existing rental portfolio or looking for a property with two income-producing residences on one parcel, 3705 E Iowa Avenue presents a compelling opportunity.
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Additional Information
- Property Description
- Bungalow
- Zoning
- RS5
- Flooring
- Hardwood, Other
- Appliances
- F/S Range/Oven, Refrigerator
- Air Conditioning
- Central Heat & Cool
- Stories
- 1
- Levels
- One
- Roof
- Composition, Rolled/Hot Mop
- Foundation
- Concrete, Wood Sub Floor
- Garage Spaces
- 2
- School District
- Fresno Unified
- Elementary School
- Rowell
- Middle School
- Yosemite
- High School
- McLane
Listing courtesy of listing agent Crystal T Ansay with Diamond Realtors, 559-970-9482.
Based on information from the Fresno Association of REALTORS® as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.