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3212-3228 Chester Lane

Bakersfield, CA 93304
  • $990,000
  • STATUS: Active
  • ON SITE: 22 Days
  • ID#: 202406183
Price Reduced
UPDATED: 144 min ago
$990,000
  • 0
    BEDS
  • 0.67
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,688
    SQFT
  • $148
    $/SQFT
Neighborhood:
10
Type:
Multi-Family
Built:
1936
County:
Area:
10

School Information

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

Description

Welcome to this exceptional investment opportunity located on a spacious lot, offering a total of 8 units , four two bed/one bath, and four one bed/ one bath, This complex is designed for optimal rental income with several long term tenants, and an impressive cap rate. The large lot offers generous parking area for all units and potential for expansion. Seller is offering seller financing with favorable terms with a minimum 20% down payment.

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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: 2024-07-17T07:31:30.703.
www.kerncountyhouse.com/homes/151973738
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3212-3228 Chester Lane Bakersfield, CA 93304

  • Price: $990,000
  • Status: Active
  • On Site: 22 Days
  • Updated: 144 min ago
  • ID#: 202406183
0
Beds
0
Baths
0
½ Baths
0.67
Acres
6,688
SQFT
$148
$/SQFT
1936
Built
Neighborhood:
10
County:
Kern
Area:
10
Elementary School:
Harris, C.
Middle School:
Curran
High School:
Bakersfield
School District:
Bakersfield City
Property Description
Welcome to this exceptional investment opportunity located on a spacious lot, offering a total of 8 units , four two bed/one bath, and four one bed/ one bath, This complex is designed for optimal rental income with several long term tenants, and an impressive cap rate. The large lot offers generous parking area for all units and potential for expansion. Seller is offering seller financing with favorable terms with a minimum 20% down payment.
Exterior Features

Garages 0 Parking Uncovered Parking Spaces 8.00

Property Features

Annual Gross Income 104750.00 Annual Net Income 90250.00 Cap Rate 0.09 Disclosures Call Listing Agent Multifamily Type 5 - 10 Units Total Annual Expense 15000.00 Vacancy Factor 5.00

Listing courtesy of Michael Still of Agentcor-Big Block 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: 2024-07-17T07:31:30.703.
 
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Infinity Real Estate Services
900 Truxtun Avenue Suite #230
Bakersfield CA, 93301