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https://www.londonproperties.com/property/link/fresno/645551/4421-E-Hedges-Ave/Fresno/McLane/https://www.londonproperties.com/images/props/fresno/full/645551.jpgLondon Properties Fresno Real Estate | 4421 E Hedges Ave
Rare opportunity to acquire Day 1 cashflow at this price point. This turnkey 6-unit property consists of all 2-bedroom, 1-bathroom units, each approximately 703 square feet. This property was completely renovated in 2020 with a new roof, windows, exterior paint, and plumbing fixtures. Recent unit upgrades include new flooring, paint and upgraded appliances. With rents near market value and a Day 1 cap rate of 6.8%, this property offers strong cash flow potential and a solid foundation for investors seeking reliable returns and portfolio growth. Current monthly gross rents total $7,718/m. Conveniently located near Highways 180 and 168, residents have easy access to nearby schools, parks, shopping centers, and other key amenities. Please do not disturb tenants or walk grounds. Walk-through and inspections will be granted upon offer acceptance.
Property Type
Multi Family
Property Subtype 1
5 to 15 Units
Year Built
1967
Region
Urban
Stories
Multi/Split
Total Units
6
Price Per Square Foot
$174
Price Per Acre
$3,319,087
Days On London
30
Cumulative Days On London
30
County
Fresno
REO / Bank Owned
No
Cross Street Address
N Cedar Ave & E Hedges Ave
Directions
Head east on Shaw Ave towards N Cedar Ave, turn right onto N Cedar Ave, continue south and turn left onto E Hedges Ave. The property will be on the left.
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Last modified 1 month ago Fresno MLS last checked for updates 44 minutes ago
The data relating to real estate for sale on this web site comes in part from the Internet Data eXchange (IDX) of the Multiple Listing Service. Real estate listings are marked with the IDX logo and detailed information about them includes the name of the listing broker and the name of the listing agent. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Information herein deemed reliable but not guaranteed, representations are approximate, individual verification recommended.