2904 N First St

Fresno, CA 93703
  • $559,000

    Price
  • 6

    Bed
  • Bath
  • 3,026

    SqFt

About the Listing ML5099573 - ML5091203

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).

Listing Highlights for 2904 N First St

Status Active
Days on Site 1
Property Type Multi-Family
MLS ® ML82020609
Year Built 1955
Total Square Footage 3,026
Lot/Acreage 0.21
County Fresno
School District Fresno Unified

Interior Details

  • Bedrooms: 6
  • Bathrooms: Full
  • Appliances: Refrigerator
  • Air Cond: Wall/Window Unit(s)
  • Heating: Wall Furnace
  • Fireplaces:
  • Floor: Laminate
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: No Land Lease
  • Garage Capacity: 2 car
  • Parking Spaces: 0
  • Zoning: R3
  • Roof: Composition
  • Others:
  • Sewer: Public Sewer

Financial Details

  • Tax Amount: $5,230
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 44514112
  • Tax Year: N/A

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2904 N First St Fresno, CA 93703

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Originating MLS: CRMLS

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