818 11th St, Bakersfield, CA 93304

Property Description

Two homes on one lot - Great Investment Opportunity. This downtown property features two separate homes, each offering 3 bedrooms and 1 bathroom! Both homes have their own PG&E meters and private yards, giving tenants added privacy and convenience. One home is currently rented for $1,475 per month with a long-term tenant in place. The second home is vacant and ready for a new tenant or owner-occupant, with a previous rental rate of $1,700 per month. That's a combined potential rental income of $3,175 per month, or $38,100 annually! With a convenient downtown location, established rental history, and strong income potential, this is a great opportunity for investors looking to expand their portfolio or buyers looking to live in one home and rent out the other. Two homes, two income opportunities, and endless potential!