4303 E Belmont Avenue, Fresno, CA 93702

$400,000
6
BD
6
BA
3,360
SqFt

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List Price
$400,000
MLS#
654860
Bedrooms
6
Bathrooms
6
Living Sq. Ft
3,360
Type
Multifamily
Zip
93702
city
Fresno
Status
ACTIVE

Property Description

This unique multi-unit property offers excellent potential for an investor looking for value-add upside and future rental income. The property features multiple existing units, including three newer units that are partially completed and offer the opportunity to add significant value once finished. The newer units appear to still require flooring, HVAC installation and other finishing work; the status of appliances and remaining interior improvements has not been verified.The older units are currently occupied and show visible exterior deferred maintenance, including areas of wood rot and needed exterior repairs. The older units are equipped with window A/C units rather than central HVAC. Interior needs repairs.Drive by only! Do not disturb tenants or walk on to the property.The property also includes an additional boarded-up structure that appears to be in deteriorated condition and may have historically been used for laundry or storage; its use and condition should be independently verified. There is currently no covered parking or designated parking area.With multiple existing units and three newer units providing future upside, this property presents an opportunity for an investor willing to complete improvements and address deferred maintenance. **Property is being sold in its current condition. Cash only

Additional Information

Acres
0.27
Living Area
3,360
Lot Size
11,700
School District
Fresno Unified
Stories
1
Year Built
1941

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Listing courtesy of listing agent with HomeSmart PV and Associates, 559-287-8973.

Based on information from the Fresno Association of REALTORS® as of . 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.


Offer of compensation is made only to Participants of the MLS where the listing is filed.