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https://www.londonproperties.com/property/link/fresno/652540/402-N-Poplar-Ave/Fresno/Downtown/https://www.londonproperties.com/images/camerashy.pngLondon Properties Fresno Real Estate | 402 N Poplar Ave
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.
Property Type
Multi Family
Property Subtype 1
Quadruplex
Year Built
1979
Region
Urban
Stories
Two
Total Units
4
Price Per Square Foot
$217
Price Per Acre
$5,156,098
Days On London
0
Cumulative Days On London
106
County
Fresno
Facilities
Utility Room
Leased Equipment
Washer/Dryer (s)
REO / Bank Owned
No
Cross Street Address
N Poplar/E Klondike
Directions
Exit WB HW-180 on N Blackstone Ave. Continue South on N Blackstone Ave then turn right (West). Turn left onto N San Pablo Ave, then turn right onto E Klondike Ave. Continue and Turn right onto N Poplar Ave, the property will be on your right.
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0
Last modified 3 hours ago Fresno MLS last checked for updates 40 minutes ago
The data relating to real estate for sale on this web site comes in part from the Internet Data eXchange (IDX) of the Multiple Listing Service. Real estate listings are marked with the IDX logo and detailed information about them includes the name of the listing broker and the name of the listing agent. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Information herein deemed reliable but not guaranteed, representations are approximate, individual verification recommended.
