4840 East University Avenue
$628,000
8
4.5
3,722
3,722
$169
New
Description
Fully occupied turnkey FOURPLEX! Three of the units are 2 bedrooms and 1 bathroom and have been renovated within the past 2 years, one unit has an extra half bathroom. Each unit has a single car garage and is separately metered for PG&E. Landlord is responsible for the City of Fresno utilities which include water, sewer, and trash. Laundry room is currently not in use but has all hook ups for washer and dryer to potentially generate additional income. Roof was last replaced approximately 15 years...Fully occupied turnkey FOURPLEX! Three of the units are 2 bedrooms and 1 bathroom and have been renovated within the past 2 years, one unit has an extra half bathroom. Each unit has a single car garage and is separately metered for PG&E. Landlord is responsible for the City of Fresno utilities which include water, sewer, and trash. Laundry room is currently not in use but has all hook ups for washer and dryer to potentially generate additional income. Roof was last replaced approximately 15 years ago and one of the HVAC units was recently replaced. Current scheduled gross rents total $5,690/month. At asking, property performs at a 9.2 GRM and approximately 8.17% cap rate. Please DO NOT walk the grounds or disturb tenants, write offers subject to interior inspections.
- Listed by Jeffrey Kim • DRE #01456017 • Jin Jeffrey Kim, Broker
Property Details for 4840 East University Avenue
Garage Spaces
4
Garage TypeAttached
Cross Street AddressChestnut
LISTING UPDATED: 12/17/2024 01:21 PM
Property Details for 4840 East University Avenue
Status | Active |
---|---|
MLS # | 622725 |
Days on Market | Listed Today |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi Family / Quadruplex |
Year Built | 1969 |
Lot Size | 0.14 AC / 6,000 SF |
County | Fresno County |
Building Information for 4840 East University Avenue
Stories-Residences4Year Built1969Building Size-Lot Size0.14 AC / 6,000 SF
Property Information for 4840 East University Avenue
Property History for 4840 East University Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 4840 East University Avenue
Taxable ValueLand$33,464Additions$295,611Total$329,075
Tax Record2024$4,224 ($352 / month)
Home Facts
Total Finished SqFt3,722 SqFtAbove Grade Finished SqFt3,722 SqFtStories2Lot Size6,000 SqFtStyleMulti-Family Dwelling (2-4)Year Built1969ZoningRM1CountyFRESNOAPN494-160-05Fireplace TypeHas Fireplace
Schools near 4840 East University 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 - | K to 12 |
Rating | School | Distance |
---|---|---|
Ericson Elementary School PublicK to 6 | ||
Scandinavian Middle School Public7 to 8 | ||
Mclane High School Public9 to 12 | ||
Sierra Charter School CharterK 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.
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