4516 N Chestnut Ave
- Zoned RM-1
- Ideal for multifamily development
- Located in the vibrant Fresno area
- Convenient access to amenities
- Excellent investment opportunity
- Potential for high rental demand
- Strong market for multifamily properties
- Proximity to schools and parks
- Desirable residential neighborhood
Property Description
Located at 4516 N Chestnut Ave in Fresno, CA, this 1.25-acre parcel presents an excellent multifamily development opportunity within the RM-1 zoning designation. With an allowable density of 12-16 dwelling units per acre, the site has the potential to accommodate approximately 15-20 residential units, making it ideal for developers looking to capitalize on Fresno’s growing housing demand. Positioned in a well-connected area, the property offers convenient access to major roadways, essential amenities, and employment centers, enhancing its desirability for future residents and investors alike.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Land/Development |
| Price: | $435,000 |
| Lot Size: | 1.25 Acres |
| Opportunity Zone: | No |
| Property Website | Click Here |
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