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2501 Lake Street, Bakersfield, CA 93306

Multi-Family Home For Sale

2501 Lake Street, Bakersfield, CA 93306 House For Sale - MLS #21703111
Under Agreement
$195,000
Multi-Family
4 Family
This listing is courtesy of Philip Jordan from Keller Williams Realty.

Property Description for 2501 Lake Street, Bakersfield, CA 93306

Wow! What a great new offering on the market! The property consists of two duplex buildings that have received some refurbishing in recent few weeks. The units should be fully occupied by end of month with very stable tenants. 3 have scheduled rents of $550,550,525. The 4th unit has long-term tenant at $500, that can be raised. The 8 GRM is an excellent multiplier for a property with stable tenants and already refurbished condition. Won't last long!The property is located in East Bakersfield a few blocks East of Mt. Vernon in a pleasant peaceful blue collar working area. Many residents in the area have lived here all their lives. All shopping, schools, and employment centers are very close by.

Interior Details

1,728 sq. ft.
$112.85/sq. ft.

Exterior Details

0.13 acres
5,691 sq. ft.
4

Other Details

21703111
1948
0
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Town Description

Bakersfield has historically referred to its regions by directional names. They are: Central Bakersfield, North Bakersfield, Northeast, East Bakersfield, Southeast, South Bakersfield, Southwest, and...

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