707 E Shields Ave
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707 E Shields Ave
2 Unit Block of Flats £330,985 (£165,493/Unit) Fresno, CA 93704
Executive Summary
Fig Garden-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 hookups and a large yard.
Both units are currently occupied by a single tenant, who is under a month-to-month lease, generating $2,300 monthly, including $150 for tax and insurance reimbursements.
With proforma market rent estimated at $1,850 per unit, this property holds significant income potential. NNN reimbursements are adjusted annually or with a new lease, providing positive cashflow for the future.
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 them.
PLEASE CONTACT LISTING AGENT:
Matthew Niswander DRE# 01767140, Better Homes and Gardens Real Estate
559-455-8006
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 hookups and a large yard.
Both units are currently occupied by a single tenant, who is under a month-to-month lease, generating $2,300 monthly, including $150 for tax and insurance reimbursements.
With proforma market rent estimated at $1,850 per unit, this property holds significant income potential. NNN reimbursements are adjusted annually or with a new lease, providing positive cashflow for the future.
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 them.
PLEASE CONTACT LISTING AGENT:
Matthew Niswander DRE# 01767140, Better Homes and Gardens Real Estate
559-455-8006
Property Facts
| Price | £330,985 | Lot Size | 0.23 AC |
| Price Per Unit | £165,493 | Building Size | 1,809 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| No. Units | 2 | Number of Floors | 1 |
| Property Type | Residential | Year Built/Renovated | 1954/2017 |
| Property Subtype | Apartment | Parking Ratio | 1.66/1,000 SF |
| Building Class | C | Opportunity Zone |
Yes
|
| Price | £330,985 |
| Price Per Unit | £165,493 |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 1,809 SF |
| Average Occupancy | 100% |
| Number of Floors | 1 |
| Year Built/Renovated | 1954/2017 |
| Parking Ratio | 1.66/1,000 SF |
| Opportunity Zone |
Yes |
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 3+1 | 2 | - | 900 |
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PROPERTY TAXES
| Parcel Number | 435-315-25 | Improvements Assessment | £52,807 |
| Land Assessment | £35,204 | Total Assessment | £88,011 |
PROPERTY TAXES
Parcel Number
435-315-25
Land Assessment
£35,204
Improvements Assessment
£52,807
Total Assessment
£88,011
zoning
| Zoning Code | CP |
| CP |
-
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707 E Shields Ave
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