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1940 Quincy Street

Bakersfield, CA 93305
  • $349,900
  • STATUS: Closed
  • ON SITE: 63 Days
  • ID#: 202401501
Sold - 04/02/2024
$349,900
SOLD - 04/02/2024
  • 0
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,820
    SQFT
  • $192
    $/SQFT
Neighborhood:
31
Type:
Multi-Family
Built:
1922
County:
Area:
31

School Information

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

Description

Classic 3-unit property in East Bakersfield. Front house is a 2bed/1bath renting for $1075, has nice tile floor, newer windows, looks good. Rear duplex was built in1983 and each unit is 1 bedroom/1 bath, and they rent for $895 each, with some granite countertops and tile floors. front house has its own yard areas, seperate from the duplex in the rear. There is off -street parking in the front for the house, and in the rear for the duplex. Tenants have good rent pay status. The property is owned by responsible owner for years, and have been professionally managed. Bakersfield is 90 minutes from LA, but 1/3 of the cost of housing!...so much upside potential. NO local rent control laws. Bakersfield and Kern County remain the best up and coming area to invest in, in Southern/Central CA.

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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 Infinity Real Estate Services 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: 2024-04-03T23:31:38.88.
www.kerncountyhouse.com/homes/147695662
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1940 Quincy Street Bakersfield, CA 93305

  • Price: $349,900
  • Status: Closed
  • On Site: 63 Days
  • ID#: 202401501
0
Beds
0
Baths
0
½ Baths
0.18
Acres
1,820
SQFT
$192
$/SQFT
1922
Built
Neighborhood:
31
County:
Kern
Area:
31
Elementary School:
Mann, Horace
Middle School:
Stiern, Walter
High School:
East
School District:
Bakersfield City
Property Description
Classic 3-unit property in East Bakersfield. Front house is a 2bed/1bath renting for $1075, has nice tile floor, newer windows, looks good. Rear duplex was built in1983 and each unit is 1 bedroom/1 bath, and they rent for $895 each, with some granite countertops and tile floors. front house has its own yard areas, seperate from the duplex in the rear. There is off -street parking in the front for the house, and in the rear for the duplex. Tenants have good rent pay status. The property is owned by responsible owner for years, and have been professionally managed. Bakersfield is 90 minutes from LA, but 1/3 of the cost of housing!...so much upside potential. NO local rent control laws. Bakersfield and Kern County remain the best up and coming area to invest in, in Southern/Central CA.
Exterior Features

Garages 0 Parking Uncovered Parking Spaces 0.00

Property Features

Annual Gross Income 34400.00 Annual Net Income 17412.00 Cap Rate 0.05 Disclosures None of the Above Multifamily Type 3 Units Total Annual Expense 16988.00 Vacancy Factor 1.00

Listing courtesy of Philip Jordan of Keller Williams Realty: .


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 Infinity Real Estate Services 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: 2024-04-03T23:31:38.88.
 
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Infinity Real Estate Services
900 Truxtun Avenue Suite #230
Bakersfield CA, 93301