11
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$1,100,000
Est. payment /mo
3 Beds
1 Bath
1,228 SqFt
Price Dropped by $9.9M
2501 S Marks AVE Fresno, CA 93706
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Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,228 sqft
Price per Sqft $895
MLS Listing ID 642271
Bedrooms 3
Full Baths 1
HOA Y/N No
Year Built 2001
Lot Size 871 Sqft
Property Sub-Type Single Family Residence
Property Description
Income property 1.85 acres two residential units additional leased yard $10,000/mo reported income Fresno CA
Rare multi-income investment opportunity on a large 1.85 acre parcel with diversified residential and non-residential revenue. The property includes two separate residential units within the main improvements: a 3-bedroom, 2-bath residence and a 4-bedroom, 2-bath residence, plus a rear portion of the lot currently leased to a mechanic shop, creating multiple income streams from a single site. Current combined rental income is reported at approximately $10,000 per month, offering immediate cash flow.
The site layout provides functional separation between the residential units and the leased yard area, supporting continued rental operations. Both residential units offer practical floor plans suited for long-term tenancy. The expansive acreage adds flexibility for operations, storage, parking, or future reconfiguration, subject to zoning and buyer verification. Properties with this combination of unit count, land size, and mixed income sources are uncommon in the Fresno market.
Located along S Marks Ave with access to major corridors, employment areas, and central Fresno amenities, the property benefits from strong rental demand drivers and visibility. Zoning and land size may allow for additional uses or redevelopment potential; buyer to independently verify zoning, permitted uses, unit count, square footage, and all income figures.
Ideal for investors seeking high monthly income, multiple tenants, and land value upside. Do not disturb occupants.
Rare multi-income investment opportunity on a large 1.85 acre parcel with diversified residential and non-residential revenue. The property includes two separate residential units within the main improvements: a 3-bedroom, 2-bath residence and a 4-bedroom, 2-bath residence, plus a rear portion of the lot currently leased to a mechanic shop, creating multiple income streams from a single site. Current combined rental income is reported at approximately $10,000 per month, offering immediate cash flow.
The site layout provides functional separation between the residential units and the leased yard area, supporting continued rental operations. Both residential units offer practical floor plans suited for long-term tenancy. The expansive acreage adds flexibility for operations, storage, parking, or future reconfiguration, subject to zoning and buyer verification. Properties with this combination of unit count, land size, and mixed income sources are uncommon in the Fresno market.
Located along S Marks Ave with access to major corridors, employment areas, and central Fresno amenities, the property benefits from strong rental demand drivers and visibility. Zoning and land size may allow for additional uses or redevelopment potential; buyer to independently verify zoning, permitted uses, unit count, square footage, and all income figures.
Ideal for investors seeking high monthly income, multiple tenants, and land value upside. Do not disturb occupants.
Location
State CA
County Fresno
Zoning AE20
Interior
Cooling Central Heat & Cool
Laundry Inside
Exterior
Parking Features Work/Shop Area
Utilities Available Propane
Roof Type Composition
Private Pool No
Building
Lot Description Rural
Story 1
Foundation Concrete
Sewer Septic Tank
Water Private
Additional Building Accessory Dwelling Unit
Schools
Elementary Schools West Park
Middle Schools West Park
High Schools Washington Unified
Listed by Efrain Cervantes PAK Home Realty
NEARBY SCHOOL & BUSINESS
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