3600 Micheli Court, Bakersfield, CA 93309

$630,000

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List Price
$630,000
Status
ACTIVE
MLS#
RS26094196
Year Built
1976
Lot Size
11,501
Acres
0.26
Lot Location
0-1 Unit/Acre
Days on Market
86
Property Type
Multifamily
Property Sub Type
Quadruplex
Stories
Two Levels

Property Description

Fully Occupied 4-Unit Investment Opportunity – Southwest Bakersfield Explore this well-located 4-unit multifamily property in a desirable Southwest Bakersfield neighborhood. Offered at $630.000.00, this income-producing asset is 100% occupied with long-term tenants in place, providing immediate and stable cash flow. The property is currently generating $4,935.00 per month ($59,220.00 annually) in gross rental income. With solid in-place rents and strong demand for rental housing in the area, this property offers a dependable income stream with potential for future rent growth. Townhomes with one full bath and half bath. This is an excellent opportunity for investors seeking a stable, income-producing asset with long-term upside in a growing rental market. Seller is also selling 3601 Micheli next door and would prefer to sell it at the same time.

Additional Information

Pool Description
None
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Number Of Units Total
4
Gross Scheduled Income
$59,220
Operating Expense
12987

Listing courtesy of Listing Agent: Martin Gonzalez (allcities.investments1@gmail.com) from Listing Office: Realty Executives All Cities.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.