$400,000
For Sale

1716 3rd Street

Bakersfield, CA 93304
0.16 acres | #SR24237877
Listing OfficeThe Mora Partners Inc.
Browse 9 photos
Type:Multi-Family
Structure:3 Family
Zone:Residential

Description

Discover this prime value-add multifamily investment opportunity in Bakersfield, CA! This property features two buildings with a
combined 2,400 Sq. Ft. of living space on a 6,793 Sq. Ft. lot. The front duplex includes two 2-bedroom, 1-bath units (900 Sq. Ft. each)
featuring fireplaces, A/C, and laundry connections. The back unit is a 600 Sq. Ft. 1-bedroom, 3/4 bath residence with an open-concept
living and kitchen area. Recently updated, this unit is turn-key ready and was originally a garage that has been converted into living
space over time. With 8+ parking spaces and all units on separate gas and electric meters, this property offers excellent convenience
for tenants. It's a perfect opportunity for investors looking to renovate and maximize rental income.

  • Property Details
      • Lot DescriptionTwoToFiveUnitsAcre
      • Stories1
    • Measurements
      • Acres0.1559
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1972
  • Utilities / Energy Details
      • Sewer InformationPublicSewer
      • Utility SourceOther
  • Community and Neighborhood Details
      • CountyKern
  • Financial Details
      • Original List Price$400,000
  • Other
      • MLS #SR24237877

Location

Nancy C. TurnerReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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