$630,000
$628,000
0.3%For more information regarding the value of a property, please contact us for a free consultation.
4840 E University AVE Fresno, CA 93703
8 Beds
4 Baths
3,722 SqFt
Key Details
Sold Price $630,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,722 sqft
Price per Sqft $169
MLS Listing ID 622725
Sold Date 01/31/25
Bedrooms 8
Full Baths 4
HOA Y/N No
Year Built 1969
Lot Size 5,998 Sqft
Property Description
Fully occupied turnkey FOURPLEX! Three of the units are 2 bedrooms and 1 bathroom and have been renovated within the past 2 years, one unit has an extra half bathroom. Each unit has a single car garage and is separately metered for PG&E. Landlord is responsible for the City of Fresno utilities which include water, sewer, and trash. Laundry room is currently not in use but has all hook ups for washer and dryer to potentially generate additional income. Roof was last replaced approximately 15 years ago and one of the HVAC units was recently replaced. Current scheduled gross rents total $5,690/month. At asking, property performs at a 9.2 GRM and approximately 8.17% cap rate. Please DO NOT walk the grounds or disturb tenants, write offers subject to interior inspections.
Location
State CA
County Fresno
Interior
Cooling Central Heat/Cool
Fireplaces Type None
Exterior
Parking Features Garage
Garage Spaces 4.0
Utilities Available Public Utilities
Roof Type Composition
Building
Lot Description Suburban
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Schools
High Schools Fresno Unified
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