2720 E Grant Avenue, Fresno, CA 93701
- $479,000
- 8
- BD
- 4
- BA
- 2,700
- SqFt
- List Price
- $479,000
- Status
- ACTIVE
- Days on Market
- 3
- MLS#
- 655160
- Subtype
- Residential Income
- Year Built
- 1965
- Bedrooms
- 8
- Bathrooms
- 4
- Full Baths
- 4
- Living Area
- 2,700
- Lot Size
- 6,250
- Acres
- 0.14
Property Description
Investment opportunity in Fresno with significant rental upside. This fourplex features four 2-bedroom, 1-bath units totaling approximately 2,700 square feet. Built in 1965, the property offers an opportunity for an investor looking to add value, reposition rents, and build long-term rental income.Comparable 2-bedroom rentals in the surrounding area rent for significantly more than this property's current rents, creating an opportunity for an investor to increase rental income and maximize the property's long-term value.Offered at $479,000, this multifamily property may appeal to local rental property investors, value-add buyers, and 1031 exchange buyers looking for an income-producing real estate opportunity with room for future growth.Property has deferred maintenance and is being sold in its present condition. Please do not disturb tenants. Make offer subject to interior inspection. Buyer to verify rents, expenses, property condition, and potential rental income.
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Additional Information
- Air Conditioning
- Central Heat/Cool
- Stories
- 1
- Levels
- One
- Roof
- Composition
- Foundation
- Concrete Perimeter
- Parking Features
- Carport
- School District
- Fresno Unified
Listing courtesy of listing agent with London Properties, Ltd., 559-304-4637.
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.