326 Stephens Drive, Bakersfield, CA 93304

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List Price
$798,000
Status
ACTIVE
MLS#
RS26239301
Year Built
1983
Lot Size
14,619
Acres
0.34
Lot Location
Paved
Days on Market
5
Property Type
Multifamily
Property Sub Type
Quadruplex
Stories
Two Levels

Property Description

Exceptional investment opportunity- Fully occupied Fourplex with expansion potential! Discover this incredible opportunity to own a well-maintained, income producing fourplex conveniently located near Highways 99 and 58! This property features four fully occupied units, each offering 2 bedrooms and 1 bathroom. Two units have been recently renovated, while all four feature tile flooring, newer A/C units and individual laundry hookups for added convenience. What truly sets this property apart is the additional vacant land with existing sewer and water line connection included in the sale, offering exciting possibilities for future development and added value! Investors can explore the potential for future residential development, subject to local zoning , permits, and city approval. Whether you're a seasoned investor or looking to enter the multifamily market, this property offers an attractive combination.

Additional Information

Pool Description
None
Heat
Central
Cooling
Yes
Cooling Description
Central Air
View
None
Roof
Composition
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$58,800
Operating Expense
14000

Listing courtesy of Listing Agent: Jose Medina (medinayourrealtor@gmail.com) from Listing Office: Excellence RE Real Estate.

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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.