216 Ohio

Bakersfield, CA 93307

Price

$669,000

Price Change

▼ $16,000 1600910697

MLS#

202008719

Status

ACTIVE

Type

Multifamily

SubType

5 - 10 Units

City

Bakersfield

Area

Southeast

County

Kern

Living Area

4,044

Year Built

1947

Lot Size

28,219

Property Description

If you need great Cash Flow, then this is what you have been in search of. 8 total units, all are tenant occupied. This 8.7% cap rate beats most other investments. The properties have recently been renovated, all roofs are in excellent condition, there no major repairs needed and all show well. Do not let this opportunity pass you BUY! It is time to get out of the Rat Race, your financial independence is 8 units away!

Additional Information

Stories

1

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(661) 243-7282

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Calculator source: Real Geeks

Courtesy of Fernando Contreras with Sierra Central Real Estate

Provided Courtesy Of Bakersfield Association of Realtors.
Information Is Believed To Be Accurate But Not Guaranteed.
Copyright 2020 Bakersfield Association of Realtors. All Rights Reserved.
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