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2414 N 1st St, Fresno, CA 93703
10 Beds
9 Baths
5,415 sqft

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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.
  • Price:
  • $825,000
  • Bedrooms:
  • 10
  • Full Baths:
  • 9
  • Square Footage:
  • 5,415
  • Acreage:
  • 0.39
  • Year Built:
  • 1951
  • Listing ID #:
  • 538319
  • Street Address:
  • 2414 N 1st St
  • City:
  • Fresno
  • State:
  • California
  • Postal Code:
  • 93703
  • County:
  • Fresno
  • Community:
  • 703
  • Listing Status:
  • Active
2
out of 5

Birney Elementary School
Public
PRESCHOOL-6
800 students
18 student/
teacher
1
out of 5

Scandinavian Middle School
Public
7-8
650 students
21 student/
teacher
1
out of 5

McLane High School
Public
9-12
1870 students
19 student/
teacher
  • 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
  • Annual Expenses:
  • 13440.00
  • Annual Income:
  • 80400.00
  • Net Operating Income:
  • 66960.00
  • Lot Square Footage:
  • 16800.00
  • Days On Market:
  • 71
  • Lease Type:
  • Net
  • Price Per Acre:
  • 2138968.11
  • Price Per Square Foot:
  • 152.35
  • Tenant Pays:
  • Electricity, Cable Tv
  • Garage Parking Spaces:
  • 8
  • Heating And Air:
  • Evaporative, Floor Or Wall Heat
  • Water/Sewage:
  • Public Water
$

$

%

$

$

$


The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo
  • Listing Provided By Bryan Martin of Keller Williams Fresno
  • FRESNO
  • Schools information provided by ATTOM

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