2720 E Grant Avenue
Property Description
Investment opportunity in Fresno with significant rental upside. This fourplex features four 2-bedroom, 1-bath units totaling approximately 2,700 square feet. Built in 1965, the property offers an opportunity for an investor looking to add value, reposition rents, and build long-term rental income.Comparable 2-bedroom rentals in the surrounding area rent for significantly more than this property's current rents, creating an opportunity for an investor to increase rental income and maximize the property's long-term value.Offered at $479,000, this multifamily property may appeal to local rental property investors, value-add buyers, and 1031 exchange buyers looking for an income-producing real estate opportunity with room for future growth.Property has deferred maintenance and is being sold in its present condition. Please do not disturb tenants. Make offer subject to interior inspection. Buyer to verify rents, expenses, property condition, and potential rental income.
Key Property Information
| Listing Status: | Pending Sale |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $440,000 |
| No. of Units: | 4 |
| Year Built: | 1965 |
| Lot Size: | 2,700.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $110,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 8 |
| Number of Bathrooms: | 4 |
ID: 3yd-FARCA-655160
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