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4401 Columbus Street

Bakersfield, CA 93306
  • $2,250,000
  • STATUS: Active
  • ON SITE: 21 Days
  • ID#: 202408318
UPDATED: 18 min ago
$2,250,000
  • 0
    BEDS
  • 0.42
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 15,500
    SQFT
  • $145
    $/SQFT
Neighborhood:
32
Type:
Multi-Family
Built:
1965
County:
Area:
32

School Information

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

Description

4401 Columbus is a 15-unit building with large 3 bedroom / 2 bath units. Located in the middle of upper NE Bakersfield, this property presents a great opportunity to reposition this asset. Built in 1965, the property has covered parking, a laundry room and swimming pool. The interiors have ceramic tile floors in the kitchen, bath and hallway. Counter tops have been upgraded to granite in most kitchens and bathrooms. By the close of escrow, the seller will have remodeled 12 of the15 units. The current rents range from $950 - $1,500. (There are currently 3 vacant 08/18/24)

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Information deemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2024. 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 MV & Associates Real Estate 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: 2024-09-10T09:32:03.513.
www.kerncountyhome.com/homes/153808280
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4401 Columbus Street Bakersfield, CA 93306

  • Price: $2,250,000
  • Status: Active
  • On Site: 21 Days
  • Updated: 18 min ago
  • ID#: 202408318
0
Beds
0
Baths
0
½ Baths
0.42
Acres
15,500
SQFT
$145
$/SQFT
1965
Built
Neighborhood:
32
County:
Kern
Area:
32
Elementary School:
Eissler, Henry
Middle School:
Chipman
High School:
Highland
School District:
Bakersfield City
Property Description
4401 Columbus is a 15-unit building with large 3 bedroom / 2 bath units. Located in the middle of upper NE Bakersfield, this property presents a great opportunity to reposition this asset. Built in 1965, the property has covered parking, a laundry room and swimming pool. The interiors have ceramic tile floors in the kitchen, bath and hallway. Counter tops have been upgraded to granite in most kitchens and bathrooms. By the close of escrow, the seller will have remodeled 12 of the15 units. The current rents range from $950 - $1,500. (There are currently 3 vacant 08/18/24)
Exterior Features

Garages 0 Parking Carport Parking Spaces 0.00

Property Features

Annual Gross Income 251707.00 Annual Net Income 141467.00 Cap Rate 0.06 Disclosures Call Listing Agent Multifamily Type 11 Plus Total Annual Expense 102689.00 Vacancy Factor 3.00

Listing courtesy of Marc Thurston of ASU Commercial: .


Information deemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2024. 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 MV & Associates Real Estate 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: 2024-09-10T09:32:03.513.
 
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MV & Associates Real Estate
5329 Office Center Ct, Ste 201
Bakersfield CA, 93313