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    800 Irene Street

    Bakersfield, CA 93305
    • $219,000
    • STATUS: Active
    • ON SITE: 440 days
    • ID#: 202004392
    UPDATED: 14 min ago
    $219,000
    • 0
      BEDS
    • 0.19
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,235
      SQFT
    • $177
      $/SQFT
    Neighborhood:
    31
    Type:
    Multi-Family
    Built:
    1938
    County:
    Area:
    31

    School Information

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

    Description

    Attention Investors. THREE Houses on One Lot. Bread-and-Butter Monthly Cash Flow for Only $56k per house earning $15,420.00 in yearly income! Opportunity knocks with this charming multi-family asset in desirable East Bakersfield. Fully occupied with Long Term tenants in each unit. Each house features 1-bedroom and 1-bath. BELOW MARKET RENTS. Conveniently located within walking distance to schools, parks, shopping and other services. Low vacancy area with high demand for rentals. With interest rates as low as they are, this new addition to your portfolio will be a cash-cow for years to come. Hurry and get your offer in today!

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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 Miramar International 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/105703600
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    800 Irene Street Bakersfield, CA 93305

    • Price: $219,000
    • Status: Active
    • Updated: 14 min ago
    • ID#: 202004392
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.19
    Acres
    1,235
    SQFT
    $177
    $/SQFT
    1938
    Built
    Neighborhood:
    31
    County:
    Kern
    Area:
    31
    Elementary School:
    Longfellow
    Middle School:
    Washington
    High School:
    East
    School District:
    Bakersfield City
    Property Description
    Attention Investors. THREE Houses on One Lot. Bread-and-Butter Monthly Cash Flow for Only $56k per house earning $15,420.00 in yearly income! Opportunity knocks with this charming multi-family asset in desirable East Bakersfield. Fully occupied with Long Term tenants in each unit. Each house features 1-bedroom and 1-bath. BELOW MARKET RENTS. Conveniently located within walking distance to schools, parks, shopping and other services. Low vacancy area with high demand for rentals. With interest rates as low as they are, this new addition to your portfolio will be a cash-cow for years to come. Hurry and get your offer in today!
    Exterior Features

    Garages 0 Parking Other Parking Spaces 0.00

    Property Features

    Annual Gross Income 15420.00 Annual Net Income 12336.00 Cap Rate 0.06 Disclosures None Of The Above Multifamily Type 3 Units Total Annual Expense 3084.00 Vacancy Factor 5.00

    Listing courtesy of Dan Shanyfelt of Miramar International.


    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 Miramar International 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