402 N Poplar Avenue, Fresno, CA 93701

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.