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3634 E Madison Ave Fresno, CA 93702
- Single Family Home / Resale (MLS)
Property Details for 3634 E Madison Ave, Fresno, CA 93702
Features
- Lot Size: 6250.00 sq. ft.
Facts
- Year Built: 01/01/1951
- Property ID: 851861989
- MLS Number: 584889
- Property Type: Single Family Home
- County: FRESNO
Description
This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
This listing is NOT a foreclosure. 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. $24,000 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 $1200 a month rent, back unit is approximately $600 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. Seller will consider paying up to $3000 towards buyer closing costs.
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