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3601 Jewett Avenue

Bakersfield, CA 93301
  • $864,999
  • STATUS: Active
  • ON SITE: 55 Days
  • ID#: 202300802
UPDATED: 29 min ago
$864,999
  • 0
    BEDS
  • 0.28
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,369
    SQFT
  • $198
    $/SQFT
Neighborhood:
10
Type:
Multi-Family
Built:
1962
County:
Area:
10

School Information

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

Description

We are excited to announce for sale this eight (8) unit multifamily property located in the heart of the Homemaker Park Community. The offering consists of eight (8) SPACIOUS one (1) bedroom, one (1) bathroom units with a gross income of just over $80k/Year. With standard apartment-style material used during each turn, The owner has done all the heavy-lifting in order to ensure consistent cashflow for the next buyer. He also left about a 10-15% upside in rental increase potential to capitalize on. All income and expense info is actual data and is direct from owners books and records.

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Information deemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2023. 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 Central Valley Property Advisors 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: 2023-03-27T15:31:42.623.
www.kerncountyhouse.com/homes/136571438
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3601 Jewett Avenue Bakersfield, CA 93301

  • Price: $864,999
  • Status: Active
  • On Site: 55 Days
  • Updated: 29 min ago
  • ID#: 202300802
0
Beds
0
Baths
0
½ Baths
0.28
Acres
4,369
SQFT
$198
$/SQFT
1962
Built
Neighborhood:
10
County:
Kern
Area:
10
Elementary School:
Hills, Stella
Middle School:
Emerson
High School:
North
School District:
Bakersfield City
Property Description
We are excited to announce for sale this eight (8) unit multifamily property located in the heart of the Homemaker Park Community. The offering consists of eight (8) SPACIOUS one (1) bedroom, one (1) bathroom units with a gross income of just over $80k/Year. With standard apartment-style material used during each turn, The owner has done all the heavy-lifting in order to ensure consistent cashflow for the next buyer. He also left about a 10-15% upside in rental increase potential to capitalize on. All income and expense info is actual data and is direct from owners books and records.
Exterior Features

Garages 0 Parking Uncovered Parking Spaces 0.00

Property Features

Annual Gross Income 80784.00 Annual Net Income 38519.00 Cap Rate 0.04 Disclosures None Of The Above Multifamily Type 5 - 10 Units Total Annual Expense 24641.00 Vacancy Factor 3.00

Listing courtesy of Esteban Contreras of Central Valley Property Advisors: .


Information deemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2023. 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 Central Valley Property Advisors 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: 2023-03-27T15:31:42.623.
 
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Infinity Real Estate Services
900 Truxtun Avenue Suite #230
Bakersfield CA, 93301