1017 El Tejon Ave, Bakersfield, CA 93308
5 Unit Apartment Building | $535,000 ($107,000/Unit) | 6% Cap Rate | Bakersfield, CA 93308
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $535,000
- Property Type
-
Multifamily
- Square Feet
- 2,475 SF
Listing Contacts
Esteban Contreras
Verified Profile
Eric Van Denk
Verified Profile
- Property Info
Property Overview
We are proud to present for sale this one-of-a-kind five-unit multifamily property comprised of one-bedroom, one-bathroom units, located at 1017 El Tejon in Bakersfield, CA 93308. This exceptional property features a new roof installed in 2017, ensuring durability and reduced maintenance costs for years to come. The owner takes amazing care of the units, with most in great shape, reflecting the pride of ownership throughout the property. Situated on a 5,662 sqft lot, this property has a gross rentable square footage of 2,475 sqft, providing ample space for tenants. This investment offers a strong rental market with highly competitive rents, providing an attractive opportunity for consistent income generation.
Property Details
- Class
- C
- Year Built
- 1953
- Stories
- 1
- Lot Size (sq. ft)
- 5,663 SF
- Units
- 5
Highlights
- Newer Roof
- Great Cashflow
- Stable Tenants
Nearby Properties
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