$400,000
Sqft:
1,800
Sqft lot:
6,969
Acre lot:
0.16
Just Listed -
Courtesy of Eric Mora, The Mora Partners Inc. 198
Status:
Active
Property Type:
3 Units
Year Built:
1972
Days On Website:
4
Description
Discover this prime value-add multifamily investment opportunity in Bakersfield, CA! This property features two buildings with a combined 2,400 Sq. Ft. of living space on a 6,793 Sq. Ft. lot. The front duplex includes two 2-bedroom, 1-bath units (900 Sq. Ft. each) featuring fireplaces, A/C, and laundry connections. The back unit is a 600 Sq. Ft. 1-bedroom, 3/4 bath residence with an open-concept living and kitchen area-this unit is turn-key ready. With 8+ parking spaces and all units on separate gas and electric meters, this property offers excellent convenience for tenants. It's a perfect opportunity for investors looking to maximize rental income.
Features
Listing
- Listed on 2024-11-20 00: 00:00
Location
- City: Bakersfield
- ZIP code: 93304
- Area: 10
- County: Kern
Building
- Built in 1972
- 1,800 square feet
- 3 units
Parking
- 8 parking spaces
- Uncovered
Lot
- Lot measurement: SqFt
- Lot is 6,969 square feet
Miscellaneous
- Annual gross income: $43,200
- Annual net income: $30,240
- Total annual expense: $12,960
Property Map
Map View
$400,000 - 1716 3rd Street, Bakersfield, CA 93304
Street View
Directions
1716 3rd Street
Bakersfield, CA 93304
City: Bakersfield