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1314 Lake Street

Bakersfield, CA 93305
  • $449,900
  • STATUS: Active
  • ON SITE: 62 days
  • ID#: 202104348
UPDATED: 5 min ago
$449,900
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,148
    SQFT
  • $108
    $/SQFT
Neighborhood:
31
Type:
Multi-Family
Built:
1957
County:
Area:
31

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Multi-unit money maker with a 7.9 CAP rate which is almost non existent. Main house is 3 bedrooms, 1 bathroom. All 4 remaining units are 2 bedroom and 1 bathroom with laundry hook-ups and all units are fully occupied. Rents are low with reasonable upside for increases and all tenants are on a month to month lease

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Information deemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2021. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Golden Valley Real Estate Group or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2021-06-24T09:31:29.353.
www.kerncountyhome.com/homes/116356868
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1314 Lake Street Bakersfield, CA 93305

  • Price: $449,900
  • Status: Active
  • Updated: 5 min ago
  • ID#: 202104348
0
Beds
0
Baths
0
½ Baths
0.17
Acres
4,148
SQFT
$108
$/SQFT
1957
Built
Neighborhood:
31
County:
Kern
Area:
31
Elementary School:
Williams_Bak
Middle School:
Stiern, Walter
High School:
East
School District:
Bakersfield City
Property Description
Multi-unit money maker with a 7.9 CAP rate which is almost non existent. Main house is 3 bedrooms, 1 bathroom. All 4 remaining units are 2 bedroom and 1 bathroom with laundry hook-ups and all units are fully occupied. Rents are low with reasonable upside for increases and all tenants are on a month to month lease
Exterior Features

Garages 0 Parking UncoveredOther Parking Spaces 0.00

Property Features

Annual Gross Income 41940.00 Annual Net Income 35584.00 Cap Rate 0.08 Disclosures None Of The Above Multifamily Type 5 - 10 Units Total Annual Expense 6356.00 Vacancy Factor 0.01

Listing courtesy of Daniel Mena of Golden Valley Real Estate Group.


Information deemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2021. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Golden Valley Real Estate Group or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2021-06-24T09:31:29.353.
 
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MV & Associates Real Estate
5329 Office Center Ct, Ste 201
Bakersfield CA, 93313