$585,000
Sqft: 1,890
Sqft lot: 7,840
Acre lot: 0.18
36 Days On Market -

Courtesy of Chadd Neill, Wayside Homes - Miramar International Riverwalk 16120

Status: Active
Property Type: 2 Homes On 1 Lot
Year Built: 1960
Days On Website: 36
Here's your chance to own a fantastic income producing property with two homes and a studio on a single lot. The first home features 3 bedrooms, 2 bathrooms, a carport, hardwood floors, carpet, a spacious kitchen, and a breakfast area. Some units have been updated with valuable upgrades, including a tankless water heater, fresh paint, a newer swamp cooler, a mini-split system, and newer sewer plumbing lines, adding extra value to the property. The second home is a 2-bedroom, 1-bathroom unit, offering excellent rental potential. Additionally, the garage has been converted into a permitted studio, ready to be rented for additional income. All appliances are included, and the property comes with a new fridge. The entire lot is fenced with block walls and iron gates for privacy and security. Each home has its own private yard, separated by fencing. This property offers a great opportunity to generate rental income with multiple updated units.

Features

Listing

  • Listed on 2024-10-18 00: 00:00

Location

  • City: Bakersfield
  • ZIP code: 93305
  • Area: 31
  • County: Kern

Building

  • Built in 1960
  • 1,890 square feet
  • 3 units

Parking

  • Carport

Lot

  • Lot measurement: SqFt
  • Lot is 7,840 square feet

Miscellaneous

  • Annual gross income: $51,600
  • Annual net income: $46,200
  • Total annual expense: $5,400

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$585,000 - 924 Knotts Street, Bakersfield, CA 93305

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924 Knotts Street
Bakersfield, CA 93305
City: Bakersfield

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Ryan Joyce