3705 E Iowa Avenue, Fresno, CA 93702

$300,000
3
BD
2
BA
1,367
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$300,000
MLS#
653993
Bedrooms
3
Bathrooms
2
Living Sq. Ft
1,367
Type
Single Family Residential
Zip
93702
City
Fresno
Status
ACTIVE

Property Description

Please do NOT disturb tenants! 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

Acres
0.46
Flooring
Hardwood, Other
Garage Spaces
2
Living Area
1,367
Lot Dimensions
160 x 125
Lot Size
19,998
School District
Fresno Unified
Elementary School
Rowell
Middle School
Yosemite
High School
McLane
Stories
1
Style
Bungalow
Year Built
1910
Zoning
RS5

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of listing agent Crystal T Ansay with Diamond Realtors, 559-970-9482.

Based on information from the Fresno Association of REALTORS® as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


Offer of compensation is made only to Participants of the MLS where the listing is filed.