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$ 675,000
Est. payment | /mo
8,712 Acres Lot
$ 675,000
Est. payment | /mo
8,712 Acres Lot
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID PI26144527
HOA Y/N No
Year Built 1959
Lot Size 8712.000 Acres
Property Sub-Type Apartment
Property Description
Meticulously maintained 6-unit multifamily complex in East Bakersfield, near Kern Medical Center. All units feature a 1-bedroom, 1-bath layout. Property offers fenced yard areas with well-maintained landscaping. Utilities are individually metered for gas and electric. Attractive 9.23 GRM and 6.2% cap rate make this a strong cash-flowing investment opportunity. Priced to move — a rare value-add opportunity in a stable East Bakersfield rental market.
Location
State CA
County Kern
Area Bksf - Bakersfield
Interior
Fireplace No
Laundry None
Exterior
Pool None
Community Features Sidewalks
Private Pool No
Building
Lot Description 26-30 Units/Acre, Lawn
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 13803202
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Special Listing Condition Standard
Listed by Philip Jordan Keller Williams Realty Bakersfield 805-453-8353, DRE #00966411