Sold Price

$399,000

Price

$399,999

Closing Date

Jun 24, 2022

MLS#

202204094

Status

SOLD

Type

Multifamily

SubType

2 homes on 1 Lot

City

Bakersfield

Area

Southeast

County

Kern

Living Area

2,120

Year Built

1935

Lot Size

7,405

Property Description

The Bakersfield California real estate investment market has become popular to investors across the nation. The eastside of Bakersfield is home to the Bakersfield College and the Bakersfield Country Club. 232 Oswell Street features 2 homes on 1 lot. This property would be a great addition to an investment portfolio, and also presents opportunity for first time investors who are just getting started. Tenants are currently on month to month contracts, agreements available upon request. Owner occupied offers will also be considered. The total monthly rent is $4,000 p/m and $48,300 p/year with an estimated cap rate above 7%. Drive by only; Please do not disturb tenants.

Additional Information

Stories

1