707 E Shields Avenue Fresno, CA 93704
Listing Courtesy of: Fresno Association of Realtors / Better Homes And Gardens Real Estate Bloom Group / Matthew "Matt" Niswander

  707 E Shields Avenue Fresno, CA 93704

Active (86 Days)
$399,950
6
BED
2
BATH
1,809
SQFT
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Description

Tower District - Duplex Investment Opportunity ! Discover this versatile live / work duplex, offering two well-appointed units, each with 3 bedrooms, 1 bathroom, and separately metered. The property features a spacious garage with convenient laundry hook ups and a large yard. Both units are currently occupied by a single tenant, who is month to month for $2,150/month NNN + $150 Tax & Insurance reimbursements ($2,300 total monthly). The NNN reimbursements gets readjusted annually or when a new lease is signed providing positive cash flow for the future. Proforma market rent is $1,850 per unit + NNN. Offers subject to inspection, do not disturb tenant. This is a rare chance to secure a strong investment with room for growth. Offers are subject to inspection - please respect the tenant's privacy and do not disturb.

MLS #:
617600
Lot Size
10,018 SQFT
Type
Multifamily
Year Built
1954
County
Fresno County

Listed By

Matthew "Matt" Niswander, DRE #01767140 CA, Better Homes And Gardens Real Estate Bloom Group
Source
Fresno Association of Realtors
Last checked Nov 21 2024 at 3:19 PM GMT+0000
Bathroom Details
Lot Information
  • Corner
Property Features
  • Fireplace: No
  • Foundation: Wood Subfloor
Heating and Cooling
  • Central Heat/Cool
Exterior Features
  • Other
  • Roof: Composition
Utility Information
  • Utilities: All Utilities
  • Sewer: Public Sewer, Public Water
Garage
  • 2
Parking
  • Garage
Stories
  • 1 Story
Living Area
  • 1,809 sqft
Location
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
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Mortgage calculator estimates are provided by Better Homes and Gardens Real Estate LLC and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Based on information from the Fresno Association of Realtors, as of 11/21/24. 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.
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