Sold Price

$864,000

Price

$864,999

Closing Date

Jun 27, 2023

MLS#

202300802

Status

SOLD

Type

Multifamily

SubType

5 - 10 Units

City

Bakersfield

Area

Downtown

County

Kern

Living Area

4,369

Year Built

1962

Lot Size

12,196

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.

Additional Information

Stories

1