$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
Description
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
Property Map
Map View
$585,000 - 924 Knotts Street, Bakersfield, CA 93305
Street View
Directions
924 Knotts Street
Bakersfield, CA 93305
City: Bakersfield