707 East Shields Avenue

Fresno, CA 93704

$399,950
Price
6
Beds
2
Baths
1,809 Sq. Ft.
$221 / Sq. Ft.
1,809
Sq. Ft.
$221
per Sq. Ft.

Description

Tower District - Duplex Investment Opportunity ! Discover this versatile live / work duplex, offering two well-appointed units, each with 3 bedrooms, 1 bathroom, and separately metered. The property features a spacious garage with convenient laundry hook ups and a large yard. Both units are currently occupied by a single tenant, who is month to month for $2,150/month NNN + $150 Tax & Insurance reimbursements ($2,300 total monthly). The NNN reimbursements gets readjusted annually or when a new lease...Tower District - Duplex Investment Opportunity ! Discover this versatile live / work duplex, offering two well-appointed units, each with 3 bedrooms, 1 bathroom, and separately metered. The property features a spacious garage with convenient laundry hook ups and a large yard. Both units are currently occupied by a single tenant, who is month to month for $2,150/month NNN + $150 Tax & Insurance reimbursements ($2,300 total monthly). The NNN reimbursements gets readjusted annually or when a new lease is signed providing positive cash flow for the future. Proforma market rent is $1,850 per unit + NNN. Offers subject to inspection, do not disturb tenant. This is a rare chance to secure a strong investment with room for growth. Offers are subject to inspection - please respect the tenant's privacy and do not disturb.
  1. Listed by Matthew K Niswander • DRE #01767140 • Better Homes and Gardens Real Estate Bloom Group

Property Details for 707 East Shields Avenue

Garage Spaces
2
Garage Type
Detached
Cross Street Address
Shields / Wishon
LISTING UPDATED: 10/08/2024 07:16 PM

Property Details for 707 East Shields Avenue

StatusActive
MLS #617600
Days on Market89
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Duplex
Year Built1954
Lot Size0.23 AC / 10,018 SF
CountyFresno County

Building Information for 707 East Shields Avenue

Stories-Residences2Year Built1954Building Size-Lot Size0.23 AC / 10,018 SF

Property Information for 707 East Shields Avenue

Summary
Location and General Information
  • Region: Urban
  • Directions: Going West on Shields, pass Maroa, the property is on the North East corner of Shields and Wishon.
  • Census Tract: .00
School Information
  • Schools Comment: BTV all.
  • School Name 1: Fresno
  • School Name 2: Fort Miller
  • School Name 3: Del Mar
  • School Type 1: High School
  • School Type 2: Junior High School
  • School Type 3: Grade School
Parking
  • Additional Parking: Garage
Taxes and HOA Information
  • Association: Fresno MLS
Lot Information
  • Square Footage Source: Tax Records
  • APN: 435315253
  • Lot Measurement: SqFt
  • Lot Size Source: (Tax Records)
  • Multiple Listing Service: Fresno Multiple Listing System
Property
Property and Assessments
  • REO/Bank Owned: No
  • FIPS Code: 19
  • Age: 0
  • Property Disclaimer: Information herein deemed reliable but not guaranteed, representations are approximate, individual verification recommended.
  • Total Buildings: 0
  • Stories: One
Utilities
  • Gas & Electric: Public Utilities
  • Sewer/Water: Public Water, Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior: Other
  • Foundation: Wood Subfloor
  • Roofing: Composition
  • Site Amenities: Corner
Interior Features
  • Heat/Cool: Central Heat/Cool
  • Fireplace: All Units
  • Stove: All units
Multi Family
Income & Expenses Information
  • Annual Expense: $1,800.00
  • Annual Income: $27,600.00
  • Expenses Include: Insurance, Taxes
  • Income Includes: Unit Rent, Other
  • Net Income: $25,800.00
  • Total Units: 2
Unit 1 Information
  • Unit Number: 0
  • Unit Description: 707 E Shields
  • Square Feet: 905
  • Rooms: 0
  • Bathrooms: .00
  • Suite Number: 707
  • Identical Units: 0
  • Rent: $1,150.00
Unit 2 Information
  • Unit Number: 1
  • Unit Description: 3220 N Wishon
  • Square Feet: 905
  • Rooms: 0
  • Bathrooms: .00
  • Suite Number: 3220
  • Identical Units: 0
  • Rent: $1,150.00
Rental
Rental Information
  • Tenant Pays: All Utilities
  • Lease Type: Net

Property History for 707 East Shields Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 707 East Shields Avenue

Taxable ValueLand$45,510Additions$68,267Total$113,777
Tax Record2024$1,598 ($133 / month)
Home Facts
Total Finished SqFt1,809 SqFtAbove Grade Finished SqFt1,809 SqFtStories1Lot Size10,018 SqFtStyleOffice BuildingYear Built1954ZoningOCountyFRESNOAPN435-315-25Fireplace TypeHas Fireplace

Schools near 707 East Shields 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 5
Rating
School
Distance
Del Mar Elementary School
PublicK to 6

Fort Miller Middle School
Public7 to 8

Fresno High School
Public9 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

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707 East Shields Avenue is a multi-family home for sale in Fresno, CA 93704. This property was listed for sale on August 27, 2024 by Better Homes and Gardens Real Estate Bloom Group, it's currently listed at $399,950. It has been on the market for a total of 89 days and was last sold on November 23, 2016. This listing's school districts are Fresno Unified School District, Fresno County Office Of Education School District. Nearby schools include Del Mar Elementary School, Fort Miller Middle School and Fresno High School. 707 East Shields Avenue is a 6-bed, 2-bath, 1,809 sqft multi-family home built in 1954.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Better Homes and Gardens Real Estate Bloom Group

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.