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3323 E Normal Ave

4 Unit Apartment Building Offered at £390,555 at a 4.70% Net Initial Yield in Fresno, CA 93703

Executive Summary

Turnkey 4 plex in Central Fresno with stable tenants.

Financial Summary (Pro forma - 2024)

Annual Annual Per SF
Gross Rental Income £37,238 £15.08
Other Income - -
Vacancy Loss - -
Effective Gross Income £37,238 £15.08
Taxes - -
Operating Expenses £6,834 £2.77
Total Expenses £6,834 £2.77
Net Operating Income - -

Financial Summary (Pro forma - 2024)

Gross Rental Income
Annual £37,238
Annual Per SF £15.08
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual £37,238
Annual Per SF £15.08
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual £6,834
Annual Per SF £2.77
Total Expenses
Annual £6,834
Annual Per SF £2.77
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Price £390,555
Price Per Unit £97,639
Sale Type Investment
Net Initial Yield 4.70%
Gross Rent Multiplier 10
No. Units 4
Property Type Residential
Apartment Style Garden
Lot Size 0.19 AC
Building Size 2,469 SF
Average Occupancy 100%
Number of Floors 1
Year Built 1960

Site Amenities

  • Laundry Facilities

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
1+1 1 £654.08 600
1+1 1 £749.55 600
1+1 1 £792.16 600
2+1 1 £907.35 669
Walk Score ®
Very Walkable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
446-186-07
Land Assessment
£22,146 (2023)
Improvements Assessment
£68,795 (2023)
Total Assessment
£90,942 (2023)
  • Listing ID: 33911327

  • Date on Market: 18/11/2024

  • Last Updated:

  • Address: 3323 E Normal Ave, Fresno, CA 93703

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