5039 E Ave, Fresno

$385,000

12 Beds
4 Baths
3,640 Sqft
.17 Acres
0 Garages

Please find this 2-story/4-plex rental property in southeast Fresno, right adjacent to Greenberg Elementary, right across from IRS Processing Center and just down the street from Sunnyside High. It's close to many supermarkets, shops and restaurants along E. Kings Canyon Road. Owner has done many improvements over the years and the property provides generous cash flows and great cap rate. There is also an attached structure which is used as a laundry room that could potentially generate additioal income for the new owner. Owner is also selling 3 adjacent 4-plexes - 5035, 5045, 5049 E Lane Ave.(each with its own separate APN). Prospective buyer is well advised to purchase all 4 4-plexes together to achieve economy of scale in property investment/management while still remain flexible in financing options (conventional financing for 4-unit residential property x 4 vs. commerical financing for one 16-unit apartment). Please don't disturb tenants. Owner is happy to accomodate the showings

Essential Information
MLS® #529669
Price$385,000
Bedrooms12
Bathrooms4.00
Square Footage3,640
Acres0.17
Year Built1985
TypeMulti Family
Sub-TypeFourplex
StatusActive
Community Information
Address5039 E Ave
Area727
CityFresno
CountyFresno
StateCA
Zip Code93727
Amenities
ParkingUncovered, One Space per Unit
Interior
HeatingCentral Heat/Cool
CoolingCentral Heat/Cool
FireplacesNone
# of Stories2
StoriesTwo Stories
Exterior
ExteriorStucco, Wood
RoofComp Shingle
School Information
DistrictFresno Unified
ElementaryGreenberg
MiddleTerronez
HighSunnyside
Additional Information
Date ListedAugust 30th, 2019
Days on Market55
Listing Details
AgentSean Sanchez
OfficeAlliance Realty

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Data last updated: November 17th, 2019 at 8:59pm CST and updating occurs up to every 15 minutes

The information being provided by FRESNO Association of REALTORS® is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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