Fully renovated, fully occupied and generating premium rents, this fourplex offers a rare turnkey investment opportunity in Bakersfield. Currently producing $7,395 per month and $88,740 in annual gross rental income, the property has strong, proven income already in place. Nearly every aspect of the property has been improved, including kitchens, bathrooms, flooring, paint, fixtures, lighting and more. Each unit features indoor laundry, private outdoor space and its own garage, highly desirable amenities that help support the premium rents and set this property apart from typical multifamily inventory. All four units are occupied with established tenants, allowing a new owner to step into immediate income without the need for renovations or lease up. With four renovated units, four private garages and premium rents already in place, this is a standout addition to any investment portfolio.
Active
$975,000
Multi-family
4,544 Sqft
202609136
1 Stories
Built in 1970
Disclaimer: The information contained in this listing has not been verified by Broker X and should be verified by the buyer.