$649,900

3449 N Marks Ave is a 4 unit multifamily investment opportunity located in Fresno's 93722 zip code. The property features a uniform unit mix, all four units offering 2 bedroom, 1 bathroom floor plans, each with the added convenience of in unit washer and dryer hookups, a feature that supports strong tenant retention.One of the four units is currently vacant and being actively marketed for lease. This gives an incoming buyer the ability to place a new tenant at current market rent shortly after close of escrow, providing immediate upside potential. Based on current and projected income, this opportunity represents approximately a 6.6% or greater cap rate in year one. The 93722 zip code continues to remain a strong performing rental submarket within Fresno, making this an attractive entry point for an investor seeking a well positioned, income producing multifamily asset.