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601 Melba Lane

Bakersfield, CA 93307
  • $339,000
  • STATUS: Active
  • ON SITE: 36 Days
  • ID#: 202311135
$339,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,159
    SQFT
  • $292
    $/SQFT
Neighborhood:
51
Type:
Multi-Family
Built:
1948
County:
Area:
51

School Information

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

Description

Seize this unmatched investment in a renovated multi-unit property! Unit A spans 973 sq ft with 3 beds and 2 baths, while Unit B offers 546 sq ft of cozy living with 1 bed and 1.5 baths. Both units exude modern elegance, featuring indoor laundry and sleek LVP flooring. Benefit from extensive upgrades: new roof, windows, stucco, updated plumbing, electrical, and brand-new HVACs. Maximize your investment by leveraging rental income to navigate higher mortgage rates efficiently. Dive into a remarkable blend of renovation brilliance and strategic investment in a home designed for style and smart living!

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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 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: 2023-12-02T23:31:37.143.
www.kerncountyhouse.com/homes/144790023
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601 Melba Lane Bakersfield, CA 93307

  • Price: $339,000
  • Status: Active
  • On Site: 36 Days
  • ID#: 202311135
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1,159
SQFT
$292
$/SQFT
1948
Built
Neighborhood:
51
County:
Kern
Area:
51
Elementary School:
Fremont_Bak
Middle School:
Chipman
High School:
Bakersfield
School District:
Bakersfield City
Property Description
Seize this unmatched investment in a renovated multi-unit property! Unit A spans 973 sq ft with 3 beds and 2 baths, while Unit B offers 546 sq ft of cozy living with 1 bed and 1.5 baths. Both units exude modern elegance, featuring indoor laundry and sleek LVP flooring. Benefit from extensive upgrades: new roof, windows, stucco, updated plumbing, electrical, and brand-new HVACs. Maximize your investment by leveraging rental income to navigate higher mortgage rates efficiently. Dive into a remarkable blend of renovation brilliance and strategic investment in a home designed for style and smart living!
Exterior Features

Garages 0 Parking Uncovered Parking Spaces 4.00

Property Features

Annual Gross Income 25800.00 Annual Net Income 17800.00 Cap Rate 0.05 Disclosures None of the Above Multifamily Type 2 homes on 1 Lot Total Annual Expense 8000.00 Vacancy Factor 4.10

Listing courtesy of Clint Bottoms of Watson Realty: .


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 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: 2023-12-02T23:31:37.143.
 
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Infinity Real Estate Services
900 Truxtun Avenue Suite #230
Bakersfield CA, 93301