We are excited to present for sale this rare 5-unit corner property with big value-add upside in the detached front 3 bed / 2 bath home. While four units have already been renovated two down-to-the-studs and two full remodels featuring vinyl flooring, new stucco, windows, AC units, counters, and appliancesthe front house is the real opportunity. It's freshly painted and clean, but with light TLC, it can push rents up $400-$500/month, making a huge impact on total income. Over $250K in improvements already done, including a new main sewer line, plus upgraded plumbing and electrical. Unit mix includes 3/2, 2/2, (2) 1/1s, and a studio perfect for rental demand. Strong cash flow now with clear room to grow. Ideal for investors who want a solid performing asset with a high-upside project already teed up. Hard to find a Bakersfield multifamily like this with the heavy lifting already done and a path to even better returns.
Bathrooms: 0.00
Square feet: 2,984
Price: $649,999
For more information about this property, please contact Esteban Contreras at 661-617-0074 or esteban@vanguardrealtyinvestments.com. You can also text 8874165 to 67299 (Message and Data Rates May Apply, see terms and privacy policy).
See more listings at: https://estebancontreras.watsonrealty.com
MLS ID: 202506986
No comments:
Post a Comment