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811 Moore Street

Bakersfield, CA 93307
  • $299,000
  • STATUS: Active
  • ON SITE: 17 Days
  • ID#: 202405296
Price Reduced
UPDATED: 84 min ago
$299,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,607
    SQFT
  • $186
    $/SQFT
Neighborhood:
41
Type:
Multi-Family
Built:
1959
County:
Area:
41

School Information

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

Description

This versatile investment property at 811 Moore Street, Bakersfield, CA, priced at $299,000. features three rental units built in 1959: two 1-bedroom/1-bath units and one 3-bedroom/1-bath unit, with laundry hookups. With a Gross Scheduled Income of $35,400 and a Gross Rent Multiplier of 8.45, it presents a compelling income-generating opportunity. Ideal for investors or owner-occupiers, this property combines mid-century charm, ensuring tenant satisfaction and offering an investment opportunity in the growing Bakersfield market.

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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/151113207
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811 Moore Street Bakersfield, CA 93307

  • Price: $299,000
  • Status: Active
  • On Site: 17 Days
  • Updated: 84 min ago
  • ID#: 202405296
0
Beds
0
Baths
0
½ Baths
0.15
Acres
1,607
SQFT
$186
$/SQFT
1959
Built
Neighborhood:
41
County:
Kern
Area:
41
Elementary School:
Mount Vernon
Middle School:
Sierra
High School:
Mira Monte
School District:
Bakersfield City
Property Description
This versatile investment property at 811 Moore Street, Bakersfield, CA, priced at $299,000. features three rental units built in 1959: two 1-bedroom/1-bath units and one 3-bedroom/1-bath unit, with laundry hookups. With a Gross Scheduled Income of $35,400 and a Gross Rent Multiplier of 8.45, it presents a compelling income-generating opportunity. Ideal for investors or owner-occupiers, this property combines mid-century charm, ensuring tenant satisfaction and offering an investment opportunity in the growing Bakersfield market.
Exterior Features

Garages 0 Parking Carport Parking Spaces 0.00

Property Features

Annual Gross Income 35400.00 Annual Net Income 22338.00 Cap Rate 0.07 Disclosures None of the Above Multifamily Type 3 Units Total Annual Expense 12000.00 Vacancy Factor 3.00

Listing courtesy of Marc Thurston of ASU Commercial: .


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