Fresno, CA 93701,337 N Effie ST #101
Fresno, CA 93701,337 N Effie ST #101
Fresno, CA 93701,337 N Effie ST #101
17
$535,000
$535,000
Est.Price: ?

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10 BD
4 BA
2,634 SqFt

337 N Effie ST #101 Fresno, CA 93701

Est. payment /mo
SOLD DATE : 07/02/2025

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Key Details

Sold Price $535,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,634 sqft

Price per Sqft $203

MLS Listing ID 622603

Sold Date 07/02/25

Bedrooms 10

Full Baths 4

HOA Y/N No

Year Built 2007

Lot Size 7,501 Sqft

Property Sub-Type Duplex

Property Description

This well-maintained duplex offers incredible dual-income potential with two large units, each featuring:🛏 5 Bedrooms & 🛁 2 Bathrooms + 🚗 1-Car Garage per Unit - Total: 10 Beds / 4 Baths💰 Investment HighlightsRental Income:🔹 Both units currently rented - Total Monthly Income: $4,601🔹 Tenants Pay Utilities! - Each unit is separately metered for water, sewer, and garbage, a major investor advantage that enhances net income.🔹 Washer & Dryer Hookups in both units increase tenant retention and demand.🔹 Projected Rent Potential:According to 2024 Fresno Housing Authority Payment Standards, rent could reach $2,975 per unit, offering potential gross income of $5,950/month!Strong Cash Flow + Cap Rate PotentialCompetitive pricing aligned with high cap rates and long-term appreciation prospects.📍 Prime Central LocationWalking distance to Community Regional Medical Center & Downtown FresnoLess than 1 mile from Highway 41 - Easy access for commutersMinutes to the Tower District - Fresno's hotspot for restaurants, nightlife, and arts🏡 Property Features Summary:🏘️ Duplex - 2 Units (5 Bed / 2 Bath Each)🚗 1-Car Garage per Unit--Total 2 garages🔌 Separate Utility Meters (Tenants Pay)🧺 Washer/Dryer Hookups💵 High Income Potential - Increase rent as per CA Law--every year📞 Contact Your Agent Today

Location

State CA

County Fresno

Interior

Cooling Central Heat/Cool

Fireplaces Type None

Exterior

Garage Spaces 2.0

Utilities Available Public Utilities

Roof Type Composition

Building

Lot Description Urban

Story 2

Foundation Concrete Perimeter

Sewer On, Public Sewer

Water Public

Schools

High Schools Fresno Unified

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Fresno MLS
Listed by Realty Concepts, Ltd. - Clovis

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agent

Bennie Clay

Real Estate Agent and Investor | License ID: 01990667

+1(559) 940-0606

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