About This Home
This 8-bedroom, 4-bathroom multi-family at 2720 E Grant Avenue in Fresno, CA is listed for $479,000 ($177 per sqft). Built in 1965, the home offers 2,700 sqft of living space on a 0.14 acres lot.
Key Features
- Built in 1965
- 0.14 acre lot
Property Details
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 are
a 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.
Monthly Cost Estimate
$2,562/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2720 E Grant Avenue
Fresno, CA 93701
Features & Amenities
Exterior Features
Property Details
Parking
Questions & Answers
This 8-bedroom, 4-bathroom multi-family at 2720 E Grant Avenue is listed at $479,000 ($177/sqft). The estimated monthly payment is $2,562 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1965, 0.14 acre lot. Exterior Features: Stucco.
This property is listed by Eric Mccormick and can be reached at (559) 436-4000.
