3345 East Fairmont Avenue
$948,800
—
4,800
4,800
$198
Description
3345 e. Fairmont is a 6 units apartment building consisting of 2/1 with a total of 12 Bed and 6 bathrooms. Each unit is approx. 700 SF. The current rent is $6,500 per month. Proforma $78,000 per year and annual expense of $33,000 with an NOI of $43,560.00. The cap rate is 4.5%. There are several leases expiring so there is room for rent increase. RUBS is also being implemented which will help increase the income for the investor/ 3 out of 6 units were fully renovated 2 years ago.3345 e. Fairmont is a 6 units apartment building consisting of 2/1 with a total of 12 Bed and 6 bathrooms. Each unit is approx. 700 SF. The current rent is $6,500 per month. Proforma $78,000 per year and annual expense of $33,000 with an NOI of $43,560.00. The cap rate is 4.5%. There are several leases expiring so there is room for rent increase. RUBS is also being implemented which will help increase the income for the investor/ 3 out of 6 units were fully renovated 2 years ago.
- Listed by Michael Mendoza • DRE #00917457 • Broker's Network Inc
Property Details for 3345 East Fairmont Avenue
City
FRESNO
Building TypeOTHER
Property Sub TypeOTHER
Park Spaces Total0
LISTING UPDATED: 11/02/2024 05:15 PM
Property Details for 3345 East Fairmont Avenue
Status | Active |
---|---|
MLS # | ML81971613 |
Days on Market | 145 |
Taxes | $12,000 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Other |
MLS Type | RESIDENTIAL INCOME / OTHER |
Year Built | 1966 |
Lot Size | 0.20 AC / 8,820 SF |
County | Fresno County |
Building Information for 3345 East Fairmont Avenue
Stories-Residences-Year Built1966Lot Size0.20 AC / 8,820 SF
Property Information for 3345 East Fairmont Avenue
Property History for 3345 East Fairmont Avenue
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 3345 East Fairmont Avenue
Taxable ValueLand$48,248Additions$605,793Total$654,041
Tax Record2024$8,368 ($697 / month)
Home Facts
Total Finished SqFt4,800 SqFtAbove Grade Finished SqFt4,800 SqFtStories2Lot Size8,820 SqFtStyleMulti-Family Res (5+ Units)Year Built1966ZoningCMXCountyFRESNOAPN427-072-24Fireplace TypeHas Fireplace
Schools near 3345 East Fairmont Avenue
This home is within Fresno Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Thomas Elementary School PublicK to 6 | ||
Tioga Middle School Public7 to 8 | ||
Herbert Hoover High School Public9 to 12 | ||
University High School Charter9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.