3705 E Iowa Avenue, Fresno, CA 93702

$300,000

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List Price
$300,000
Status
Active
MLS#
FR26196749
Year Built
1910
Lot Size
20,000
Days on Market
2
Property Type
Multifamily
Stories
One Level

Property Description

A unique investment opportunity awaits at 3705 E Iowa Avenue! This established income-producing property features two separate homes situated on one large lot, offering flexibility and excellent potential for an investor seeking multiple rental streams. Originally built in 1910, the property offers approximately 2,217 square feet of combined living space on an expansive lot of approximately 20,000 square feet. The two-home configuration provides the opportunity to generate rental income from both residences while maintaining separate living spaces for tenants. The detached garge is also an added benefit for tenants! Both homes are currently tenant occupied, providing an opportunity for an investor to acquire an existing rental property with established occupancy. The property also features solar through PPA agreements on both homes. Situation on a desirable and generous sized corner lot. This location offers valuable outdoor space and adds to the property's long-term appeal. Located in Fresno's 93702 area, this property provides convenient access to neighborhood amenities, schools, transportation, and the greater Fresno area. Whether you're expanding an existing rental portfolio or looking for a property with two income-producing residences on one parcel, 3705 E Iowa Avenue presents a compelling opportunity.

Additional Information

Other Buildings
Second Garage, Guest House Detached
Pool Description
None
Cooling
Yes
Roof
Shingle
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Crystal Ansay (CTOGO@LIVE.COM) from Listing Office: DIAMOND REALTORS.

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.