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3510-3520 Jewett Avenue

Bakersfield, CA 93301
  • $1,650,000
  • STATUS: Active
  • ON SITE: 18 Days
  • ID#: 202405204
UPDATED: 81 min ago
$1,650,000
  • 0
    BEDS
  • 0.74
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 11,283
    SQFT
  • $146
    $/SQFT
Neighborhood:
21
Type:
Multi-Family
Built:
1976
County:
Area:
21

School Information

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

Description

Looking for somewhere to complete your 1031 Exchange? Look no further than 3510-3520 Jewett Ave. This 12 unit mixed multifamily property has been consistently producing great cash flow since its inception. The property consists on 2 single family homes 260k/door, 1 duplex 150k/door, and an 8-unit apartment building 103.75k/door. Due to low vacancy and high rental demand this property will be sure to produce consistent returns for years to come.

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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: 2024-06-17T09:31:36.07.
www.kerncountyhouse.com/homes/151072469
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3510-3520 Jewett Avenue Bakersfield, CA 93301

  • Price: $1,650,000
  • Status: Active
  • On Site: 18 Days
  • Updated: 81 min ago
  • ID#: 202405204
0
Beds
0
Baths
0
½ Baths
0.74
Acres
11,283
SQFT
$146
$/SQFT
1976
Built
Neighborhood:
21
County:
Kern
Area:
21
Elementary School:
Hills, Stella
Middle School:
Emerson
High School:
North
School District:
Bakersfield City
Property Description
Looking for somewhere to complete your 1031 Exchange? Look no further than 3510-3520 Jewett Ave. This 12 unit mixed multifamily property has been consistently producing great cash flow since its inception. The property consists on 2 single family homes 260k/door, 1 duplex 150k/door, and an 8-unit apartment building 103.75k/door. Due to low vacancy and high rental demand this property will be sure to produce consistent returns for years to come.
Exterior Features

Garages 0 Parking Other Parking Spaces 0.00

Property Features

Annual Gross Income 154888.92 Annual Net Income 111447.14 Cap Rate 0.07 Disclosures Call Listing Agent Multifamily Type 11 Plus Total Annual Expense 40344.00 Vacancy Factor 2.00

Listing courtesy of Joseph Skracic of Benchmark Real Estate Group: .


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: 2024-06-17T09:31:36.07.
 
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Infinity Real Estate Services
900 Truxtun Avenue Suite #230
Bakersfield CA, 93301