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$ 400,000
Est. payment /mo
New
4303 E Belmont AVE Fresno, CA 93702
6 Beds
6 Baths
3,360 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,360 sqft
Price per Sqft $119
MLS Listing ID 654860
Bedrooms 6
Full Baths 6
HOA Y/N No
Year Built 1941
Lot Size 0.269 Acres
Property Sub-Type Multi Family
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
Location
State CA
County Fresno
Interior
Heating Floor or Wall Heat
Cooling Central Heat/Cool, Wall/Window Unit(s)
Fireplaces Type None
Exterior
Utilities Available Public Utilities
Roof Type Composition
Building
Lot Description Urban
Story 1
Foundation Concrete Perimeter, Wood Subfloor
Sewer Public Sewer
Water Public
Schools
High Schools Fresno Unified
Listed by HomeSmart PV and Associates