0.11 acres | #BB23146875
Description
Prime investment opportunity awaits with this fully occupied fourplex, 2 Structures strategically positioned street-to-street within walking distance to downtown amenities and local churches. With a total monthly rent of $4,150, this property offers stable income potential. The two back units are equipped with paid-off solar panels, enhancing long-term sustainability. Featuring separate gas and electric meters, along with a detached garage accessible from the rear alley, this property offers ease of management. The breakdown of rents includes a charming two-bedroom front house with another unit behind renting for $1,400, an upstairs apartment unit for $1,300, and two studio apartments generating $750 and $500 each. With a blend of central and window unit heating and cooling, this property presents a solid investment opportunity for those seeking reliable returns in a desirable location.
Property Details
- Utility FeaturesElectricityConnected, NaturalGasConnected
- Lot DescriptionItem01UnitAcre
- Property TypeMulti-Family
- Sewer InformationPublicSewer
- MLS #BB23146875
- MLS #BB23146875
- Original List Price$496,000
- Utility SourcePublic
- Cost525000
- Property SubtypeDuplex
- Acres0.109
- Year Built1922
- CountyKern
- Stories1
- Parking Spaces1
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Lisa Guemiksizian (#BB42589)
Listing Office: Century Realty & Loans Inc. (#BH5345790)
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.