$864,000
$864,999
0.1%For more information regarding the value of a property, please contact us for a free consultation.
4,369 SqFt
SOLD DATE : 06/27/2023
Key Details
Sold Price $864,000
Property Type Commercial
Sub Type 5 - 10 Units
Listing Status Sold
Purchase Type For Sale
Square Footage 4,369 sqft
Price per Sqft $197
MLS Listing ID 202300802
Sold Date 06/27/23
Year Built 1962
Property Sub-Type 5 - 10 Units
Property Description
We are excited to announce for sale this eight (8) unit multifamily property located in the heart of the Homemaker Park Community. The offering consists of eight (8) SPACIOUS one (1) bedroom, one (1) bathroom units with a gross income of just over $80k/Year. With standard apartment-style material used during each turn, The owner has done all the heavy-lifting in order to ensure consistent cashflow for the next buyer. He also left about a 10-15% upside in rental increase potential to capitalize on. All income and expense info is actual data and is direct from owners books and records.
Location
State CA
County Kern
Area 10
Exterior
Parking Features Uncovered
Building
Story 1
Schools
Elementary Schools Hills, Stella
Middle Schools Emerson
High Schools North
School District Bakersfield City
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Bought with Mike Silva • Home Quest Realty
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