Active
3345 E Fairmont AVE
FRESNO CA, 93726
$998,888
$208.10 per sqft
Active
4,800 sqft
Residential
Built in 1966
Listed by Broker's Network Inc, Michael Mendoza, Listing Contact: 4086398285
3345 E. Fairmont is a 6 units apartment building consisting of 2/1 with a total of 12 Bed and 6 bathrooms. Each unit is approx. 700 SF. The current rent is $6,500 per month. Proforma $78,000 per year and annual expense of $33,000 with an NOI of $43,560.00. The cap rate is 4.5%. There are several leases expiring so there is room for rent increase. RUBS is also being implemented which will help increase the income for the investor/ 3 out of 6 units were fully renovated 2 years ago.
ML81971613
MLSⓇ ID
July 2, 2024
Listed
August 23, 2024
Updated
Map
3345 E Fairmont AVE
FRESNO CA, 93726
Interior Features
Total Stories
2
Fireplace
No
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Heating
Yes
Heating Description
Natural Gas
Exterior/Building Features
Lot Size
0.2 Acres
Roof
Tar/Gravel
Sewer
Public Sewer
School Information
School District
1311
High School
Herbert Hoover High
Elementary School
Thomas Elementary
Other Property Details
Garage
No
View
No
County
Fresno
Water Source
Public
Pool
No
Zoning
Multi-family
Listing History
Date | Event | Price |
|---|---|---|
8/6/2024 | Price change | $998,888 -3% |
7/29/2024 | Price change | $1,028,888 -2% |
Listed by Broker's Network Inc, Michael Mendoza,
Listing Contact: 4086398285
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Data last updated 10:53 AM UTC, 8/23/2024