1600 Kern, Bakersfield, CA 93305

$485,000
3,820
SqFt
List Price
$485,000
Closing Date
1800-01-01 00:00:00
MLS#
202103751
Status
ACTIVE
Type
Multifamily
SubType
5 - 10 Units
City
Bakersfield
Area
Northeast
County
Kern
Living Area
3,820
Year Built
1902
Lot Size
11,326

Property Description

Own the block, and enjoy the benefits of this income producing 5 unit cash cow. This multi unit opportunity is an investors dream, and comes with several reliable long term tenants to make a very smooth transition for new owners. This quadraplex also features a 5th unit (526 quincy) that will be packaged with the sale. Some units have been updated and all properties are in livable condition with several roofs in good condition, and units having individual laundry connections. Each property has seperate water and pge meters and with the right rehab, rents can easily be raised even though units already feature a great cap rate .This is a rare find and will not last long.

Additional Information

Stories
1

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Courtesy of Michael R Still with Prestige Properties Team Tipton - Miramar International- Stockdale Hwy

Provided Courtesy Of Bakersfield Association of Realtors.
Information Is Believed To Be Accurate But Not Guaranteed.
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