22
See all 22 photos
$799,900
Est. payment /mo
7 Beds
8 Baths
4,164 SqFt
Price Dropped by $49K
329 N Glenn AVE Fresno, CA 93701
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Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,164 sqft
Price per Sqft $192
MLS Listing ID 629881
Bedrooms 7
Full Baths 8
HOA Y/N No
Year Built 1953
Lot Size 0.362 Acres
Property Sub-Type Multi Family
Property Description
Income-Producing 8-Unit Opportunity with Value-Add Potential!! This multi-structure property features 8 units across 3 separate buildings, totaling approx. 4,164 square feet on a 15,750 square feet lot (per tax records). Currently generating around $8,000/month in gross rents, the asset offers a proforma 9.8% cap rate and 7.14 GRM, making it a solid performer from day one.While some updates could enhance value, the fundamentals are strong - a rare chance to boost returns through light improvements. Ideal for investors seeking consistent income, long-term appreciation, or a low-maintenance portfolio addition in a reliable rental market.Seller financing may be considered with 20% down.Please do not walk the property or disturb tenants. All offers subject to interior inspection.
Location
State CA
County Fresno
Interior
Cooling Central Heat/Cool
Fireplaces Type None
Exterior
Parking Features Open
Utilities Available Public Utilities
Roof Type Composition
Building
Lot Description Urban
Story 2
Foundation Concrete Perimeter
Water Public
Schools
High Schools Fresno Unified
Listed by The JKRE Investment Group
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