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Listed by Seven Star Properties • Mamdouh Elalami
$949,000
Est. payment /mo
3,950 SqFt
UPDATED:
11/16/2024 10:12 PM
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,950 sqft
Price per Sqft $240
MLS Listing ID CRSR24234764
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1929
Lot Size 0.565 Acres
Property Description
Investor’s dream at 132 Ohio Dr, Bakersfield, CA 93307! This well-maintained 4-unit multi-family property offers an incredible income-generating opportunity in a high-demand rental area. Each unit features and provides comfortable living spaces for tenants and consistent rental income for the owner. 1 unit can be lived in (3 bed, 1 bath) for you to collect rent from the other tenants. The property boasts a spacious lot with ample parking, low-maintenance landscaping, and separate meters for utilities, making it easy to manage and operate. Recent updates include interior renovations, new roof, and much more, ensuring minimal upkeep and strong tenant appeal. With strong rental history and market rents averaging 1300 per unit, which is lower than per forma, this property is perfect for both seasoned investors and those looking to expand their portfolio while living there. Located close to local amenities, schools, and major transportation routes, the units stay occupied year-round.
Location
State CA
County Kern
Interior
Fireplace No
Laundry Other
Building
Water Public
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Altie Schmitt
Partner at Village Associates | License ID: 00924672
Partner at Village Associates License ID: 00924672
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