If you need assistance, please call 559-296-8044

  • DESCRIPTION

    2414 N 1st Street, is a 5,415 SF multi-family property located in the heart of Fresno, CA. The property resides on a 16,800 square foot lot. The property is well-positioned near freeway access, restaurants, shopping malls, bus routes, hospitals and Fresno City College. The zero vacancy, 9-unit mix is comprised of (Two) 4-plexes and (One) Studio. The first 4-plex has (One) 2 Bedroom + 1 Bathroom unit + fireplace and (Three) 1 Bedroom + 1 Bathroom units. The second 4-plex has (Four) 1 Bedroom + 1 Bathroom units. On-site parking: Each 4-plex unit has a detached garage included.On-site laundry: Currently owned, operated and maintained by 3rd party. Built in 1951, 7 of the 9 units have been renovated since 2014, including tile, paint, and hardwood flooring. The Studio unit had laminate wood flooring with 6'' baseboard installed in 2019. This investment presents an excellent opportunity for an investor to capitalize on a well-established property with long-term tenants.

    KEY DETAILS
    • Price:
    • $825,000
    • Bedrooms:
    • 10
    • Full Baths:
    • 9
    • Square Footage:
    • 5,415
    • Acreage:
    • 0.39
    • Year Built:
    • 1951
    • MLS #:
    • 538319
    • Street Address:
    • 2414 N 1st St
    • City:
    • Fresno
    • State:
    • CA
    • Postal Code:
    • 93703
    • County:
    • Fresno
    • Area:
    • 703
    • Listing Status:
    • For Sale - Active

    Building

    • Construction Description:
    • Stucco
    • Fireplace:
    • One Unit
    • Foundation:
    • Wood Subfloor
    • Number Of Units:
    • 9
    • Square Footage Source:
    • Tax Records
    • Stories:
    • One
    • Total Building Square Footage:
    • 5415
    • Type Of Roof:
    • Composition
    • Year Built:
    • 1951

    Business

    • Annual Expenses:
    • 13440.00
    • Annual Income:
    • 80400.00
    • Net Operating Income:
    • 66960.00

    Land

    • Lot Square Footage:
    • 16800.00

    Listing

    • Days On Market:
    • 76
    • Lease Type:
    • Net
    • Price Per Acre:
    • 2138968.11

    Money

    • Price Per Square Foot:
    • 152.35
    • Tenant Pays:
    • Electricity, Cable Tv

    Structures

    • Garage Parking Spaces:
    • 8

    Systems

    • Heating And Air:
    • Evaporative, Floor Or Wall Heat
    • Water/Sewage:
    • Public Water

    Source

    • Listing Provided By Bryan Martin of Keller Williams Fresno

      FRESNO
    School data provided by
    GreatSchools
    REQUEST SHOWING
    SCHOOL RATINGS
    5

    BIRNEY ELEMENTARY SCHOOL
    Elementary School
    Public

    2

    SCANDINAVIAN MIDDLE SCHOOL
    Middle School
    Public

    2

    MCLANE HIGH SCHOOL
    High School
    Public

    NOTES

    No notes have been added for this home.

    CONTACT AN AGENT

    SCORECARD

    0
    PROS
    0
    CONS
    Condition
    Location
    Nearby
    Schools
    Taxes
  • Add Note
  • Add to Notebook
  • Share