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    717 Water Street

    Bakersfield, CA 93305
    • $180,000
    • STATUS: Active Under Contract
    • ON SITE: 33 days
    • ID#: 202106588
    Under Contract
    UPDATED: 58 min ago
    $180,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    31
    Type:
    Multi-Family
    Built:
    1938
    County:
    Area:
    31

    School Information

    Elementary School:
    High School:

    Description

    Attention Investors! Check out this recently remodeled, Cash Flowing 2 unit property. $1545 total monthly rent. Front house is 2 bed/1 bath, 728 sf, rented at $895. Back house is a 320 sf studio, rented at $650. Both units were remodeled about 6 months ago & feature some major upgrades including: new water heater, bathroom plumbing, main drain line & carpet in front unit; new window AC/heating unit & tile in back unit. Both tenants are on month to month leases & current on rent. Front house has a swamp cooler, back unit has new wall AC/heating unit. Tenant occupied & will be delivered w/ tenants in place. Being sold AS-IS, no repairs, should qualify for conventional financing.

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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 Agentcor Realty 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: 2021-07-23T14:31:51.107.
    www.kerncountyhome.com/homes/118521196
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    717 Water Street Bakersfield, CA 93305

    • Price: $180,000
    • Status: Active Under Contract
    • Updated: 58 min ago
    • ID#: 202106588
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    1938
    Built
    Neighborhood:
    31
    County:
    Kern
    Area:
    31
    Elementary School:
    Downtown
    High School:
    Highland
    Property Description
    Attention Investors! Check out this recently remodeled, Cash Flowing 2 unit property. $1545 total monthly rent. Front house is 2 bed/1 bath, 728 sf, rented at $895. Back house is a 320 sf studio, rented at $650. Both units were remodeled about 6 months ago & feature some major upgrades including: new water heater, bathroom plumbing, main drain line & carpet in front unit; new window AC/heating unit & tile in back unit. Both tenants are on month to month leases & current on rent. Front house has a swamp cooler, back unit has new wall AC/heating unit. Tenant occupied & will be delivered w/ tenants in place. Being sold AS-IS, no repairs, should qualify for conventional financing.
    Exterior Features

    Garages 0 Parking Uncovered Parking Spaces 0.00

    Property Features

    Annual Gross Income 18540.00 Annual Net Income 15960.00 Cap Rate 0.09 Disclosures None Of The Above Multifamily Type 2 Homes On 1 Lot Total Annual Expense 2400.00 Vacancy Factor 0.01

    Listing courtesy of Amber Smith of Agentcor Realty.


    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 Agentcor Realty 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: 2021-07-23T14:31:51.107.
     
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    MV & Associates Real Estate
    5329 Office Center Ct, Ste 201
    Bakersfield CA, 93313