




2702 E Hedges Ave, Fresno, CA, 93703
About This Home
Rare chance to acquire a cash-flowing 10-unit property with an adjacent vacant lot and city-approved plans to build 5 additional units. Property is currently fully rented with rents under market and clear upside through rent growth and future development.The included entitled lot allows for immediate expansion, with projected post-buildout income exceeding $200k+, creating a strong long-term value-add opportunity. Located in a high-demand rental corridor with low vacancy and low ongoing maintenance.Seller will consider seller financing with terms more favorable than conventional bank financing. A substantial down payment is required. This structure may provide qualified buyers added flexibility and improved cash flow compared to traditional lending.Ideal for 1031 exchange buyers, value-add investors, or developers seeking current income with scalable upside.
Getting Around
Schools
Construction
Condition
- Year built: 1942
Materials
- Foundation: Concrete Perimeter
- Roof: Composition
- Construction materials: Stucco
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Bedrooms & Bathrooms
- Bedrooms: 20
- Bathrooms: 10
Features
- Fireplace features: None
Heating & Cooling
- Heating features: Floor or Wall Heat
- Cooling features: Wall/Window Unit(s)
Interior Area
- Total structure area: 5,182
- Total interior livable area: 5,182 sqft
Property
Details
- Parcel number: 45131201
Features
- Levels: One
- Stories: 1
Lot
- Lot size: 0.96 Acres
- Features: Urban
Parking
- Parking features: Open
- Has uncovered spaces: Yes
