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Fantastic investment opportunity. Front unit is a 3 bedroom, 1.75 bath and 3 back units are 2 bedroom, 1.75 bath. Located in South Bakersfield, this property is conveniently located near shopping, restaurants, and public transportation.
Great investment opportunity affordably priced. 2 homes on one lot 1st has 3 bedrooms 1 bathroom 2nd unit is 1 bedroom and 1 bathroom. First unit rents for $800.00 and the second for $500.00 both units are month to month contracts. Seller will carry the loan on the property for 15 years...
8 Rentable units and the building is completely full and rents extremely quick and easy. Plenty of parking. Rents should be increased by around 15-20% easy Cap rate and net income would be much higher if self-managed. 1- unit has a bedroom the rest are studios, some have nice size full kitchens...