Description:

One of Bakersfield's best choice locations on HIGH DEMAND West side of town. Stockdale area. EZ to find great tenants and keep fully occupied. Close to Calif. State University Bakersfield, Vons, Starbucks, and Trader Joe's. Property is very well taken care of. Rents are well under market. Front unit is like an "Owner's unit", with 3 bedrooms/2 baths and nice front yard. renting for $1200/mth. Upstairs are two 2 bedroom units renting for $825 and $775. BIG bedrooms. In the back is a 1 bedroom unit, laundry room, and pool. Carport parking. Property is set AWAY from main road, on a surface street. 3 of the central AC units are newer, installed in last 5 yrs. Market rents are 1200+900+900+750=$3750/mth.
Projected cap rate 5.7.

Presented by:

Carl  Adams,  e-Pro, GRI

Director

(215) 803-8507

(215) 803-8507

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Listed by:

Keller Williams Santa Barbara

Santa Barbara