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330 Abby Street N, Fresno, CA 93701

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For Sale

$550,000

7 beds7 baths3,220 sqft

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • $170.81
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Investment Opportunity - Multi-Unit Property with Value-Add PotentialThis property presents an excellent opportunity for contractors, investors, or developers. Due to the current condition, the only financing available is cash or a hard money renovation loan.The property consists of three separate buildings:Two duplexes (4 units total) - unaffected by fire damage.One triplex (3 units total) - one unit on the second floor sustained fire damage. The other second-floor one-bedroom unit remains habitable per the City. The first floor features a studio unit and garages, which may have some fire damage.Summary of units:7 total units: 6 are 1 bed / 1 bath, and 1 is a studio.Only 1 unit is fire-damaged.Studio and garages may have water damagesPG&E has restored electricity to one unit in the triplex.The 4 duplex units need some electrical repairs from the main line.Prior to the fire, all units were rented and had passed Section 8 inspections.Income potential:Gross monthly income before fire: $8,516Gross annual income before fire: $102,192Additional features:Newer roof on both duplexes.Easy access to freeways, shopping, parks, and public transit.A few tenants remain in the duplexes, and one tenant remains in the triplex.With repairs and renovation, this property can be restored to a strong cash-flowing asset and a valuable addition to your portfolio.
MLS# 628940

Courtesy Of Realty Concepts Ltd

(559) 322-1194

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Lot Size
    0.15 Acres

Map and Directions

Directions to 330 Abby Street N, Fresno, CA 93701
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Home seller CENTURY 21 Select Real Estate, Inc.

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Select Real Estate, Inc.

(559) 226-2811
Learn More About Us

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