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Listed by Crystal Ansay • DIAMOND REALTORS
$300,000
Est. payment /mo
2,217 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,217 sqft
Price per Sqft $135
MLS Listing ID FR-26196749
Year Built 1910
Lot Size 0.459 Acres
Property Sub-Type Duplex
Source California Regional Multiple Listing Service (CRMLS)
Property Description
A unique investment opportunity awaits at 3705 E Iowa Avenue! This established income-producing property features two separate homes situated on one large lot, offering flexibility and excellent potential for an investor seeking multiple rental streams.
Originally built in 1910, the property offers approximately 2,217 square feet of combined living space on an expansive lot of approximately 20,000 square feet. The two-home configuration provides the opportunity to generate rental income from both residences while maintaining separate living spaces for tenants. The detached garge is also an added benefit for tenants!
Both homes are currently tenant occupied, providing an opportunity for an investor to acquire an existing rental property with established occupancy. The property also features solar through PPA agreements on both homes.
Situation on a desirable and generous sized corner lot. This location offers valuable outdoor space and adds to the property's long-term appeal. Located in Fresno's 93702 area, this property provides convenient access to neighborhood amenities, schools, transportation, and the greater Fresno area.
Whether you're expanding an existing rental portfolio or looking for a property with two income-producing residences on one parcel, 3705 E Iowa Avenue presents a compelling opportunity.
Originally built in 1910, the property offers approximately 2,217 square feet of combined living space on an expansive lot of approximately 20,000 square feet. The two-home configuration provides the opportunity to generate rental income from both residences while maintaining separate living spaces for tenants. The detached garge is also an added benefit for tenants!
Both homes are currently tenant occupied, providing an opportunity for an investor to acquire an existing rental property with established occupancy. The property also features solar through PPA agreements on both homes.
Situation on a desirable and generous sized corner lot. This location offers valuable outdoor space and adds to the property's long-term appeal. Located in Fresno's 93702 area, this property provides convenient access to neighborhood amenities, schools, transportation, and the greater Fresno area.
Whether you're expanding an existing rental portfolio or looking for a property with two income-producing residences on one parcel, 3705 E Iowa Avenue presents a compelling opportunity.
Location
State CA
County Fresno
Interior
Heating Central
Flooring Wood
Fireplaces Type None
Laundry Inside
Exterior
Garage Spaces 2.0
Pool None
Community Features Sidewalks
Building
Lot Description Lot 20000-39999 Sqft
Sewer Public Sewer
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Nearby Locations
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John R Thompson
Broker/Owner License ID: 01200900
Broker/Owner License ID: 01200900