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511-509 Niles Street

Bakersfield, CA 93305
  • $749,000
  • STATUS: Active
  • ON SITE: 17 Days
  • ID#: 202405290
UPDATED: 104 min ago
$749,000
  • 0
    BEDS
  • 0.26
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,585
    SQFT
  • $290
    $/SQFT
Neighborhood:
31
Type:
Multi-Family
Built:
1953
County:
Area:
31

School Information

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

Description

Fully occupied Properties, all units are section 8 tenants and are due for rent increases. Great 1031 exchange opportunity or portfolio value add deal. Contact me for more info.

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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: 2024-06-17T07:31:31.757.
www.kerncountyhouse.com/homes/151144417
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511-509 Niles Street Bakersfield, CA 93305

  • Price: $749,000
  • Status: Active
  • On Site: 17 Days
  • Updated: 104 min ago
  • ID#: 202405290
0
Beds
0
Baths
0
½ Baths
0.26
Acres
2,585
SQFT
$290
$/SQFT
1953
Built
Neighborhood:
31
County:
Kern
Area:
31
Elementary School:
Longfellow
Middle School:
Washington
High School:
Bakersfield
School District:
Bakersfield City
Property Description
Fully occupied Properties, all units are section 8 tenants and are due for rent increases. Great 1031 exchange opportunity or portfolio value add deal. Contact me for more info.
Exterior Features

Garages 0 Parking Uncovered Parking Spaces 0.00

Property Features

Annual Gross Income 68270.40 Annual Net Income 48232.99 Cap Rate 0.06 Disclosures None of the Above Multifamily Type 5 - 10 Units Total Annual Expense 18672.00 Vacancy Factor 2.00

Listing courtesy of Joshua Stone 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: 2024-06-17T07:31:31.757.
 
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Infinity Real Estate Services
900 Truxtun Avenue Suite #230
Bakersfield CA, 93301