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https://www.londonproperties.com/property/link/fresno/654927/3304-N-Howard-Ave/Fresno/https://www.londonproperties.com/images/props/fresno/full/654927.jpgLondon Properties Fresno Real Estate | 3304 N Howard Ave
Courtesy of Paul Gestic, Fresno Income Properties - [email protected]
Rear opportunity to acquire income producing portfolio of 5 homes. Desirable floor plans of 3, 4 and 5 bedroom homes with 2 vacant and 3 long term tenant occupied. Homes are priced at $285,000 each. Fully occupied proforma delivers return of 6.7 % cap rate for savvy investor. Calculations include property taxes and home insurance as owner expenses while tenants are responsible for PG&E, utilities and yard care. The seller has several other properties that we can package in sets of 5, 10 or any other combination. Please submit offer subject to walk through inspection. Do not desturb tenants.
All Utilities, Electricity, Gas, Water, Sewer, Trash Collection, Cable TV
Income Includes
Unit Rent, Month to Month
Annual Income
123540.00
Annual Expense
27100.00
Expenses Include
Insurance, Taxes
1st Loan Type
Free & Clear
Sources of Inc / Exp
Owner, Projected
Net Income
96440.00
71109
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Last modified 2 hours ago Fresno MLS last checked for updates 4 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.