4840 E University Ave
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4840 E University Ave
4 Unit Apartment Building $902,668 CAD ($225,667 CAD/Unit) 8.17% Cap Rate Fresno, CA 93703
Executive Summary
Colliers | Fresno is pleased to present this fully occupied, turnkey fourplex, investment property available for sale in Fresno, California.
4840 E. University Avenue is a 4 unit property totaling approximately 3,720 square feet. Three units have 2 bedrooms and 1 bathroom and have been fully renovated within the past 2 years. One unit is 2 bedrooms and 1.5 bathroom. Each unit is approximately 930 square feet and has a single car garage. The laundry room is currently not in use but has all hook ups for washer and dryer to potentially generate additional income. Property roof was replaced approximately 15 years ago and one HVAC units was also recently replaced.
4840 E. University Avenue is a 4 unit property totaling approximately 3,720 square feet. Three units have 2 bedrooms and 1 bathroom and have been fully renovated within the past 2 years. One unit is 2 bedrooms and 1.5 bathroom. Each unit is approximately 930 square feet and has a single car garage. The laundry room is currently not in use but has all hook ups for washer and dryer to potentially generate additional income. Property roof was replaced approximately 15 years ago and one HVAC units was also recently replaced.
Property Facts
| Price | $902,668 CAD | Apartment Style | Low Rise |
| Price Per Unit | $225,667 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.14 AC |
| Cap Rate | 8.17% | Building Size | 3,720 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1969 |
| Property Subtype | Apartment | Parking Ratio | 1.07/1,000 SF |
| Price | $902,668 CAD |
| Price Per Unit | $225,667 CAD |
| Sale Type | Investment |
| Cap Rate | 8.17% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 3,720 SF |
| No. Stories | 2 |
| Year Built | 1969 |
| Parking Ratio | 1.07/1,000 SF |
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Bike Score ®
Very Bikeable (74)
PROPERTY TAXES
| Parcel Number | 494-160-05 | Improvements Assessment | $416,192 CAD |
| Land Assessment | $47,114 CAD | Total Assessment | $463,306 CAD |
PROPERTY TAXES
Parcel Number
494-160-05
Land Assessment
$47,114 CAD
Improvements Assessment
$416,192 CAD
Total Assessment
$463,306 CAD
zoning
| Zoning Code | RM-1 (Residential multifamily) |
| RM-1 (Residential multifamily) |
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4840 E University Ave
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