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$ 640,000
Est. payment | /mo
9 Beds
3 Baths
$ 640,000
Est. payment | /mo
9 Beds
3 Baths
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID MD25154979
Bedrooms 9
Property Sub-Type Res Income 2-4 Units
Property Description
A large fourplex built in 1988, featuring (4) 3bd/1ba units. All units have been updated within the past five years with modern laminate flooring and smooth skim-coated, freshly painted walls.Two units also feature granite kitchen countertops for added appeal.The property is fully occupied and currently generates $5,360 per month in gross rental income.Rents range from $1,300 to $1,400 per unit, with upside potential to reach $1,500/month.Exterior improvements include newly replaced staircases and handrails on both the front and rear of the building, boosting both safety and curb appeal.The two ground-level units enjoy private, fenced yards with upgraded security gates with keypad access. A security gate has also been installed at the rear of the property, where tenants enjoy gated parking,two designated spaces per unit.This asset offers strong in-place cash flow and potential for increased income, making it a smart addition to any investor's portfolio.
Location
State CA
County Kern
Zoning Assessor
Direction Beale Avenue
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 01535012005
Listed by Eric Van Denk Central Valley Property Advisors