2216 N 1st Street, Fresno, CA 93703

Property Description

This single-story fourplex is a solid, easy-to-manage income property in Fresno's established McLane neighborhood. The property is one story with 4 units, totaling 4 beds and 4 baths across 2,555 sq. ft. on an 8,400 sq. ft. lot. The building is on the east side of First Street, just south of Clinton Avenue, between two other 4-plexes. That puts it in a proven rental corridor where multifamily is the norm. The operating structure keeps costs low: tenants pay their own electricity and gas, with ownership covering management, landscaping, repairs, insurance, water, and sewer. The one-level layout means no stairs and fewer common areas to maintain. Do not disturb tenants, make offers subject to interior inspection, one unit vacant at time of listing, Ideal for first-time multifamily investors, 1031 exchange buyers looking for a manageable Central Valley asset, or owner-users who want to live in one unit and rent the other three.