$425,000
1701 OWENS Street
Bakersfield, CA, 93305
Upgraded fourplex with strong cash flow. All units are 2 bedroom 1 bath, have been renovated and are fully occupied. Rents are Unit A: $817, Unit B: $817, Unit C: $802 and Unit D: $875. 3 units are section 8, 1 unit is paid by the Dream Program with the Kern County Housing aAuthority. Rents are stronger than most listed properties in the area and yet there could be room to increase them even more! A rental increase request has been made for unit C at $880 per month with section 8. Units A and B may qualify for increases in the coming months as well. All tenants are on month to month leases. The key systems have been upgraded. Newer roof, plumbing, electrical and water heater. Great investment opportunity that won’t last long.
Property Details
Price:
$425,000 / $370,000
MLS #:
22126697
Status:
Closed ((Jul 14, 2022))
Baths:
0
Address:
1701 OWENS Street
Type:
Residential Income
City:
Bakersfield
Listed Date:
Feb 10, 2022
State:
CA
ZIP:
93305
Lot Size:
4,356 sqft / 0.10 acres (approx)
Year Built:
1922
Schools
Interior
Appliances
Gas Range
Cooling
Wall/ Window Unit(s)
Heating
Wall Furnace
Exterior
Parking Features
None
Stories Total
2
Financial
Association Fee
0.00
Tenant Pays
Electricity, Gas
Get Out There, A Simply Outgoing Approach to Life. James Outland Jr. is one of those rare people who simply has an outgoing approach to life. No matter the activity… from dune buggy riding to skydiving to motorcycling to riding the local Pismo Beach waves… James Outland Jr. approaches life with a “just get out there and do it” kind of attitude. A zest for Life. James’ zest for life is obviously apparent in his many exciting hobbies. In his spare time, he loves riding dune buggies or hi…
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Courtesy of First Elite. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than James Outland include the name of the listing broker. Neither the listing company nor James Outland shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved. 1701 OWENS Street
Bakersfield, CA
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