1117 Pearl Street

    Bakersfield, CA 93305
    • $174,500
    • STATUS: Active
    • ON SITE: 25 days
    • ID#: 21909036
    UPDATED: 228 min ago
    $174,500
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,500
      SQFT
    • $116
      $/SQFT
    Neighborhood:
    31
    Type:
    Multi-Family
    Built:
    1922
    County:
    Area:
    31

    School Ratings & Info

    Description

    Great opportunity to purchase an investment property with positive cash-flow! This duplex is fully rented with a long term tenant in the back unit. The front unit is 4 bedrooms, 2 bathrooms with tenants paying $900 per month in rent; back unit is 2 bedrooms, 1 bath with tenant paying $575 in rent. There is room for the new owner to increase those rents to current market rates. Seller has low overheard/expenses for these units. Units have separate electric and gas meters, one water meter at $145 per month for both units. Both units are fully fenced with separate yards. Current owner put new cabinets in the kitchens for both units recently and both units have washer/dryer hook ups. Potential buyers can view front unit only with approved appointment, back unit is unavailable for showings until an offer is negotiated/accepted.

    Monthly Payment Calculator

    Information deemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2019. 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 Wyrick & 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: 2019-08-25T23:31:48.617.
    www.kerncountyhouse.com/homes/97459115

    1117 Pearl Street Bakersfield, CA 93305

    • Price: $174,500
    • Status: Active
    • Updated: 228 min ago
    • ID#: 21909036
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    1,500
    SQFT
    $116
    $/SQFT
    1922
    Built
    Neighborhood:
    31
    County:
    Kern
    Area:
    31
    Property Description
    Great opportunity to purchase an investment property with positive cash-flow! This duplex is fully rented with a long term tenant in the back unit. The front unit is 4 bedrooms, 2 bathrooms with tenants paying $900 per month in rent; back unit is 2 bedrooms, 1 bath with tenant paying $575 in rent. There is room for the new owner to increase those rents to current market rates. Seller has low overheard/expenses for these units. Units have separate electric and gas meters, one water meter at $145 per month for both units. Both units are fully fenced with separate yards. Current owner put new cabinets in the kitchens for both units recently and both units have washer/dryer hook ups. Potential buyers can view front unit only with approved appointment, back unit is unavailable for showings until an offer is negotiated/accepted.
    Exterior Features

    Garages 0 Parking Uncovered Parking Spaces 4.00

    Property Features

    Annual Gross Income 17700.00 Annual Net Income 15240.00 Cap Rate 0.09 Disclosures None Of The Above Multifamily Type Duplex Total Annual Expense 2460.00 Vacancy Factor 10.00

    Listing courtesy of Shelley Wyrick of Wyrick & Associates Real Estate.
    Information deemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2019. 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 Wyrick & 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: 2019-08-25T23:31:48.617.
     
    Infinity Real Estate Services
    9201 Camino Media, Suite #100
    Bakersfield CA, 93311