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$ 1,049,000
Est. payment /mo
New
6075 N Poplar AVE Fresno, CA 93704
10 Beds
5 Baths
5,586 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,586 sqft
Price per Sqft $187
MLS Listing ID 653379
Bedrooms 10
Full Baths 5
HOA Y/N No
Year Built 1968
Lot Size 0.275 Acres
Property Sub-Type Multi Family
Property Description
Turnkey five-unit multifamily investment opportunity located in one of Fresno's most desirable rental submarkets. Situated north of Bullard Avenue in an established residential neighborhood, the property benefits from strong tenant demand and a location that is highly sought after by renters. This asset offers investors the opportunity to own in one of Fresno's premier rental markets.The property consists of five spacious 2-bedroom, 1-bathroom apartment homes totaling approximately 5,586 square feet. The unit mix includes three ground-floor units and two second-floor units, providing an attractive layout for a broad tenant base. The property is currently 100% occupied and generates approximately $7,752 per month in gross rental income.Recent capital improvements include a newer roof, replaced just a few years ago, and updated electrical breaker panels completed this year, minimizing near-term capital expenditures. Each apartment is separately metered for PG&E, while the landlord pays water, sewer, and trash. Additional income is generated through the on-site laundry facility.Tenant amenities include five covered carport parking spaces and private storage units, adding convenience and enhancing the property's appeal. Investors will also appreciate the opportunity for future rental growth while benefiting from a well-maintained, fully occupied asset in a high-demand location.Whether you're completing a 1031 exchange or expanding your multifamily portfolio, 6075 N. Poplar Avenue offers a rare opportunity to acquire a stabilized investment with strong in-place income, quality improvements, and long-term upside in one of Fresno's most sought-after neighborhoods.
Location
State CA
County Fresno
Interior
Cooling Central Heat/Cool
Fireplaces Type None
Appliance Washer/Dryer(s) Leased
Exterior
Parking Features Carport
Community Features Playground
Utilities Available Public Utilities
Roof Type Rolled/Hot Mop
Building
Lot Description Suburban, Sprinklers In Front, Sprinklers In Rear, Sprinkler - Auto
Story 2
Foundation Concrete Perimeter
Water Public
Schools
High Schools Fresno Unified
Listed by The JKRE Investment Group