1716 3rd Street

Bakersfield, CA 93304
$400,000
0.16 acres | #SR24237877
Courtesy of The Mora Partners Inc.

Description

Discover this prime value-add multifamily investment opportunity in Bakersfield, CA! This property features two buildings with a combined 2,400 Sq. Ft. of living space on a 6,793 Sq. Ft. lot. The front duplex includes two 2-bedroom, 1-bath units (900 Sq. Ft. each) featuring fireplaces, A/C, and laundry connections. The back unit is a 600 Sq. Ft. 1-bedroom, 3/4 bath residence with an open-concept living and kitchen area. Recently updated, this unit is turn-key ready and was originally a garage that has been converted into living space over time. With 8+ parking spaces and all units on separate gas and electric meters, this property offers excellent convenience for tenants. It's a perfect opportunity for investors looking to renovate and maximize rental income.

  • Property Details
    • Property
      • Stories:1
      • Lot description:TwoToFiveUnitsAcre
    • Measurements
      • Acres:0.1559
  • Construction Details
    • Type & Style
      • Property type:Multi-Family
    • Condition
      • Year built:1972
  • Utilities / Energy Details
    • Utility
      • Sewer information:PublicSewer
      • Utility source:Other
  • Community and Neighborhood Details
    • Location
      • County:Kern
  • Financial Details
    • Pricing Details
      • Original List Price:$400, 000
  • Other
    • Source
      • MLS #:SR24237877

Location

Move Fast Move Now with John Reyes & Margie KossmanMove Fast Move Now with John Reyes & Margie Kossman
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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