• Cash producing triPlex that ac...

  • $255,000
Cash producing triPlex that actually meets the 1% investment rule (monthly rental income should generate 1% of purchase price)...try running that rule with other investments! Front unit is 3 bedroom 1 bath with indoor laundry rented monthly at $1000, middle unit is 2 bedroom 1 bath rented at $850, and rear unit is 1 bedroom 1 bath at $700. Two of the tenants have been there for well over 5 years and would like to stay. Lots of parking and plenty of yard space. Un-rented & underutilized giant garage and basement under front unit could sweeten the deal significantly. Bonus adjoining lot to the east is also included. Two electric meters and a second gas meter currently being installed. Drive by only, do not disturb tenants. Seller financing available with 30% down and a very low rate of 7%. Check out the attached floor plan.
$255,000
21904646
1124 Pacific Street
Bakersfield
Kern
Platinum Real Estate, Inc.
Noah Figueroa
Residential Income
3 Units
11,308sq.ft.
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PostedApril 25, 2019

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