Fresno, CA 93703,2904 N First Street
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Fresno, CA 93703,2904 N First Street
Fresno, CA 93703,2904 N First Street
Fresno, CA 93703,2904 N First Street
Fresno, CA 93703,2904 N First Street
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Listed by Robert M. Balina • Synergize Realty
$ 559,000
Est. payment /mo
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2904 N First Street Fresno, CA 93703

3,026 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,026 sqft

Price per Sqft $184

MLS Listing ID ML82020609

HOA Y/N No

Year Built 1955

Lot Size 9,100 Sqft

Property Sub-Type Quadruplex

Source Datashare MLSListings

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

Interior

Heating Wall Furnace

Flooring Laminate

Fireplace No

Schools

School District Fresno Unified, Fresno Unified


Bay East AOR and Contra Costa AOR
Garrick Yan

Garrick Yan

Team Leader | CA BRE #01916102

+1(510) 999-8008

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