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1720 Forrest Street

Bakersfield, CA 93304
  • $499,000
  • STATUS: Active Under Contract
  • ON SITE: 37 Days
  • ID#: 202204697
Under Contract
$499,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
10
Type:
Multi-Family
Built:
2022
County:
Area:
10

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Great opportunity to purchase two brand new homes on one lot in Oleander area as an investment property with extraordinary cash flow. Both homes are 2 bedroom 1 bath and are identical. Each house has 10 foot ceilings with granite counter tops and large open concept kitchen. Both homes are currently leased each paying $1,695 per month. Property also has plenty of concrete around property for easy maintenance. Wont last.

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Information deemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2022. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Realty One Group Strong or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2022-07-03T23:31:41.127.
www.sellshouses.net/homes/129258026
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1720 Forrest Street Bakersfield, CA 93304

  • Price: $499,000
  • Status: Active Under Contract
  • On Site: 37 Days
  • ID#: 202204697
0
Beds
0
Baths
0
½ Baths
0.14
Acres
2022
Built
Neighborhood:
10
County:
Kern
Area:
10
Elementary School:
Penn, William
Middle School:
Curran
High School:
Bakersfield
School District:
Bakersfield City
Property Description
Great opportunity to purchase two brand new homes on one lot in Oleander area as an investment property with extraordinary cash flow. Both homes are 2 bedroom 1 bath and are identical. Each house has 10 foot ceilings with granite counter tops and large open concept kitchen. Both homes are currently leased each paying $1,695 per month. Property also has plenty of concrete around property for easy maintenance. Wont last.
Exterior Features

Garages 0 Parking Uncovered Parking Spaces 4.00

Property Features

Annual Gross Income 40680.00 Annual Net Income 40180.00 Cap Rate 0.08 Disclosures None Of The Above Multifamily Type 2 Homes On 1 Lot Total Annual Expense 500.00 Vacancy Factor 4.00

Listing courtesy of Eduardo Magana of Realty One Group Strong.


Information deemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2022. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Realty One Group Strong or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2022-07-03T23:31:41.127.
 
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Louise Juracek | Open Door Real Estate
5351 Olive Drive, Suite 150
Bakersfield CA, 93308