2035 Niles

Bakersfield, CA 93305

Price

$529,999

Price Change

▼ $19,001 1560290627

MLS#

21906123

Status

ACTIVE

Type

Multifamily

SubType

5 - 10 Units

City

Bakersfield

Area

Northeast

County

Kern

Year Built

1932

Lot Size

24,016

Property Description

Rare opportunity to own a mixed portfolio of multifamily and retail units--all fully occupied with long-term tenants! This deal includes a bread and butter fourplex apartment with three one-bed, one-bath units and one two-bed, one-bath unit. Tenants will appreciate the attached garages and plentiful parking areas. Apartment rents range from $635 - &775, with room for rent upside. Three units utilize solar power for electricity. Two of the three retail units have current leases, the third is month-to-month. This property's location on Niles ensures high consumer visibility, an attractive feature for the current businesses and future tenant prospects.

Additional Information

Stories

2

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(661) 243-7282

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Courtesy of Marc A Thurston with ASU Commercial

Provided Courtesy Of Bakersfield Association of Realtors.
Information Is Believed To Be Accurate But Not Guaranteed.
Copyright 2019 Bakersfield Association of Realtors. All Rights Reserved.
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