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.
MLS #
ML81971613
MLS Source
MLSListings, Inc.
Days on Site
126
Cooling
Window/Wall Unit
Heating
Gas
Roof
Tar/Gravel
Foundation
Slab
Garage/Parking
Carport, Garage: 0 Car(s)
Elementary District
Fresno Unified
High School District
Fresno Unified
Sewer
Public Sewer
Water
Public
Zoning
Multi-family
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | 6 | – |
3345 E Fairmont Ave is a Residential Income in Fresno, CA 93726. This 4,800 square foot property sits on a 8,820 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $948,800 and was built in 1966.
This address can also be written as 3345 E Fairmont Ave, Fresno, CA 93726.©2024 MLSListings Inc. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MLSListings Inc.
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This listing information is up-to-date as of November 02, 2024. For the most current information, please contact Michael Mendoza, (408) 639-8285