9
See all 9 photos
$739,900
Est. payment /mo
8 Beds
6 Baths
3,402 SqFt
New
402 N Poplar AVE Fresno, CA 93701
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Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,402 sqft
Price per Sqft $217
MLS Listing ID 652540
Bedrooms 8
Full Baths 6
HOA Y/N No
Year Built 1979
Lot Size 6,250 Sqft
Property Sub-Type Quadruplex
Property Description
Turnkey 4-unit investment offering a 6.78% cap rate at current rents. All four units are fully occupied at $1,400 per month, each a spacious townhome-style 2 bedroom, 1.5 bathroom floor plan with a private patio. The property was completely restored approximately 10 years ago and has been well maintained since, allowing a new owner to step into consistent, day-one cash flow with no deferred projects.Every unit features central heating and air conditioning, and three of the four units enjoy gated entry. An on-site washer and dryer, leased through WASH, generates monthly supplemental income with no equipment ownership or maintenance burden to the owner.With full occupancy, market-level rents, townhome-style layouts that rent quickly, and laundry income on top, 402 N Poplar Ave is a clean, low-management addition to any portfolio.
Location
State CA
County Fresno
Interior
Cooling Central Heat/Cool
Fireplaces Type None
Appliance Washer/Dryer(s) Leased
Exterior
Parking Features Carport, Open
Community Features Utility Room
Utilities Available Public Utilities, Natural Gas Connected
Roof Type Wood,Composition
Building
Lot Description Urban
Story 2
Foundation Concrete Perimeter
Water Public
Schools
High Schools Fresno Unified
Listed by The JKRE Investment Group
NEARBY SCHOOL & BUSINESS
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