Description
Turnkey 4-Unit Multifamily Investment Property in 93701 Near Downtown Fresno and Tower District. This fully occupied 4-plex consists of four 2-bedroom, 1-bath units. Three of the four units were recently renovated with modern wood-style flooring, fresh interior paint, updated lighting, hardware, and refreshed kitchen finishes, including a subway tile backsplash and new granite counters. The exterior has been recently painted with new fascia, offering strong curb appeal and reduced deferred maintenance. The property shows clean and well maintained.All units are tenant occupied on month-to-month agreements providing immediate cash flow and operational flexibility. One unit is currently below market rent, offering built-in rental upside under current California rent guidelines.Located in the 93701 zip code, it is in close proximity to Downtown Fresno redevelopment, the Fulton Street corridor, the courthouse district, and minutes from the Tower District. This area continues to see public and private investment supporting long-term rental demand and appreciation potential.Additional income opportunity available through the unfinished downstairs laundry/storage area. Ideal for 1031 exchange buyers or investors seeking a stabilized multifamily asset with recent improvements and strong in-place income. Perfect opportunity for a 6% cap rate, income producing rental.
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8BEDS
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0.17ACRES
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4BATHS
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01/2 BATHS
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3,304SQFT
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$219$/SQFT
School Information
Description
Turnkey 4-Unit Multifamily Investment Property in 93701 Near Downtown Fresno and Tower District. This fully occupied 4-plex consists of four 2-bedroom, 1-bath units. Three of the four units were recently renovated with modern wood-style flooring, fresh interior paint, updated lighting, hardware, and refreshed kitchen finishes, including a subway tile backsplash and new granite counters. The exterior has been recently painted with new fascia, offering strong curb appeal and reduced deferred maintenance. The property shows clean and well maintained.All units are tenant occupied on month-to-month agreements providing immediate cash flow and operational flexibility. One unit is currently below market rent, offering built-in rental upside under current California rent guidelines.Located in the 93701 zip code, it is in close proximity to Downtown Fresno redevelopment, the Fulton Street corridor, the courthouse district, and minutes from the Tower District. This area continues to see public and private investment supporting long-term rental demand and appreciation potential.Additional income opportunity available through the unfinished downstairs laundry/storage area. Ideal for 1031 exchange buyers or investors seeking a stabilized multifamily asset with recent improvements and strong in-place income. Perfect opportunity for a 6% cap rate, income producing rental.
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