Fantastic opportunity for the Buyer to live in the front house and continue to rent out the back unit, which would help with the mortgage payment! Two nice units in South East Fresno! Fresno Heights #2. Both units have been rented to long term tenants & each unit has their own laundry area with plenty of parking. Both units also have their own electric & gas meter. The front unit is a 2/1 house about 991 sq. ft. The back unit is about 562 sq. ft and a 1/1. The current owner has recently spent approx. $27,000 in upgrades so the net income this year reflects this expense. Rents on both units are low and could be raised. Front unit is approximately $1250 a month rent, back unit is approximately $650 a month rent. DO NOT WALK GROUNDS or disturb tenants. Call agent for your private showing today.Tenants are on a month-to-month rental agreement. There has been a new installation of a brand new water heater in the front unit.
Property Details
Price:
$296,000
MLS #:
623587
Status:
Active
Beds:
2
Baths:
1
Address:
3634 E Madison Avenue
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
702
City:
Fresno
Listed Date:
Jan 9, 2025
State:
CA
Finished Sq Ft:
1,553
ZIP:
93702
Lot Size:
6,250 sqft / 0.14 acres (approx)
Year Built:
1951
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Schools
School District:
Fresno Unified
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Community
- Address3634 E Madison Avenue Fresno CA
- Area702
- CityFresno
- CountyFresno
- Zip Code93702
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3634 E Madison Avenue
Fresno, CA
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