Fresno, CA 93703,2904 N First ST
Fresno, CA 93703,2904 N First ST
Fresno, CA 93703,2904 N First ST
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$559,000
Est. payment /mo
3,026 SqFt
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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

Square Footage 3,026 sqft

Price per Sqft $184

MLS Listing ID ML82020609

HOA Y/N No

Year Built 1955

Annual Tax Amount $5,230

Lot Size 9,099 Sqft

Property Sub-Type Quadruplex

Property Description

This 4-plex in Fresno's thriving Mayfair neighborhood has modern upgrades, strong cash flow, and excellent location in a high-demand rental market. All four spacious units are 100% leased with solid long-term tenants with upside potential in current rental market rates. This investment property is poised to deliver robust ROI for savvy investors. The property is on a huge lot with detached 4-car garages. In a good commuter-friendly location within walking distance of Manchester Centera dynamic retail hub with a movie theater and weekly farmers market. Fresno's rental market is red-hot, ranked the 9th most competitive nationwide with a mere 2.9% vacancy rate, tying for the 6th lowest in the U.S. Since 2019, fair market rents have skyrocketed 50%, averaging $1,285/month and peaking at $1,907/month for premium units.

Location

State CA

County Fresno

Zoning R3

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Laminate

Fireplace No

Appliance Refrigerator

Exterior

Garage Spaces 2.0

Garage Description 2.0

View Y/N No

Roof Type Composition

Accessibility None

Building

Story 1

Foundation Slab

Sewer Public Sewer

Water Public

Schools

School District Fresno Unified

Others

Tax ID 44514112

Special Listing Condition Standard


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CRMLS – RECore
Listed by Robert M. Balina Synergize Realty
John Herkenrath

"John takes great pride in helping his clients through every step of the buying and selling process. Leveraging two decades of experience in pre-construction, new home sales and market sales exclusive representation. his vast knowledge in brokering home sales within luxury communities and new developments has proven invaluable to his clients."

+1(310) 221-2910

johnherkenrath@epiquerealty.com

8383 Wilshire Blvd #800 Beverly Hills CA 90211

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