1. California
2. Fresno
3. 3365 E Fairmont Avenue

3365 E Fairmont Avenue, Fresno, CA 93726

• 8 beds
• 3,136 sqft

Property Description

8-Unit Investment Opportunity | Fully Occupied | 6.76% Cap Rate | $1,650,000Presenting a rare opportunity to acquire two side-by-side fourplexes located at 3357 & 3365 E Fairmont Ave, Fresno, CA 93726. These well-maintained, income-producing properties offer a total of 8 units, each consisting of 2 bedrooms and 1 bathroom, with dedicated covered carport parking for tenants.The property is currently fully occupied, generating $11,425 in monthly gross rents, delivering a 6.76% cap rate at the current asking price. A shared on-site laundry facility offers added convenience for tenants and provides additional income potential for the owner.Recent upgrades include dual-pane windows installed within the past few years, enhancing energy efficiency and tenant satisfaction.Strategically located just south of the East Shaw Ave Retail Corridor, residents enjoy proximity to Fashion Fair Mall, restaurants, shopping, and California State University Fresno, making this an attractive rental location.🔹 8 Units Total - Can Be Sold Together🔹 $1,650,000 Total Asking Price for 8 Units🔹 Turnkey Investment🔹 Fully Occupied - Immediate Cash Flow🔹 On-site Laundry for Extra Income🔹 Updated Dual-Pane Windows🔹 Strong Rental Area Near CSU Fresno & Fashion Fair MallPlease do not walk the grounds or disturb tenants. Write offers subject to interior inspections.

Listing Status:

Active

Listing Office:

The JKRE Investment Group : 559-212-4489

Listing Agent:

Jin Kim : 760-987-5332

MLS ID:

634673

Interior

• A/C: Central Heat/Cool
• Heating:
• Fireplace: More than One UnitFireplace

Exterior

Construction

Location

Lot

Utilities

Financial

This listing courtesy of Jin Kim, The JKRE Investment Group