1716 3rd Street Active Save Request In-Person Tour Request Virtual Tour
Bakersfield,CA 93304
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR24237877
Bedrooms 5
HOA Y/N No
Lot Size 6,793 Sqft
Property 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. Recently updated, this unit is turn-key ready and was originally a garage that has been converted into living space over time. 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 renovate and maximize rental income.
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. Recently updated, this unit is turn-key ready and was originally a garage that has been converted into living space over time. 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 renovate and maximize rental income.
Location
State CA
County Kern
Area Bakersfield (93304)
Zoning Public Rec
Building
Lot Description Sidewalks
Story 1
Lot Size Range 4000-7499 SF
Level or Stories 1 Story
Others
Monthly Total Fees $170
Acceptable Financing Cash,Conventional,FHA,VA
Space Rent $540
Listing Terms Cash,Conventional,FHA,VA