Fresno, CA 93703,2904 N First ST
Fresno, CA 93703,2904 N First ST
Fresno, CA 93703,2904 N First ST
10
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Listed by Robert M. Balina • Synergize Realty
$559,000
Est. payment /mo
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6 Beds
4 Baths
3,026 SqFt
New

2904 N First ST Fresno, CA 93703

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Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,026 sqft

Price per Sqft $184

MLS Listing ID ML82020609

Bedrooms 6

Full Baths 4

Year Built 1955

Lot Size 9,100 Sqft

Property Sub-Type Fourplex

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. (Forbes, 2024). Since 2019, fair market rents have skyrocketed 50%, averaging $1,285/month and peaking at $1,907/month for premium units (Apartments.com).

Location

State CA

County Fresno

Zoning R3

Rooms

Kitchen Oven Range - Gas, Refrigerator

Interior

Heating Wall Furnace

Cooling Window / Wall Unit

Flooring Laminate

Exterior

Parking Features Detached Garage

Garage Spaces 2.0

Utilities Available Public Utilities

Roof Type Composition

Building

Story 1

Foundation Concrete Slab

Sewer Sewer - Public

Water Public

Level or Stories 1

Others

Tax ID 445-141-12

Security Features Other

Horse Property No

Special Listing Condition Not Applicable


MLSListings Inc. (MLSListings)

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Brielle Bariteau

Brielle Bariteau

Owner CEO | REALTOR | Certified Property Manager | Certified Transaction Coordinator | License ID: 02049882

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2904 N First ST