$710,000
Sqft:
4,400
Sqft lot:
16,117
Acre lot:
0.37
66 Days On Market -
Courtesy of Rylan D Rozell, Lockhart Real Estate Advisors 152516442
Status:
Active
Property Type:
4 Units
Year Built:
1983
Days On Website:
66
Description
Investment Opportunity! This gated 4-unit complex offers steady cash flow with two fully-occupied duplexes. Each unit provides 3 bedrooms and 1.5 baths, featuring functional amenities like central AC/heat and in-unit laundry hookups. The property includes fenced front yards for added privacy and 8 uncovered parking spaces (2 for each unit) with a cinder block perimeter wall. Currently rented and cash-flow positive, this complex presents a straightforward entry into multifamily real estate. Ideal for investors looking to expand their portfolio with a no-frills, income-generating property.
Features
Listing
- Listed on 2024-09-18 00: 00:00
Location
- City: Bakersfield
- ZIP code: 93307
- Area: 41
- County: Kern
Building
- Built in 1983
- 4,400 square feet
- 4 units
Parking
- 7 parking spaces
- Uncovered
Lot
- Lot measurement: SqFt
- Lot is 16,117 square feet
Miscellaneous
- Annual gross income: $60,024
- Annual net income: $38,880
- Total annual expense: $21,144
Property Map
Map View
$710,000 - 131 Dr Martin Luther King Jr Boulevard, Bakersfield, CA 93307
Street View
Directions
131 Dr Martin Luther King Jr Boulevard
Bakersfield, CA 93307
City: Bakersfield
Nearby Schools
Local Sales
Ryan Joyce
ryan@helpusellbakersfield.com
