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207 Kentucky Street

Bakersfield, CA 93305
  • $550,000
  • STATUS: Active
  • ON SITE: 14 Days
  • ID#: 202208437
UPDATED: 67 min ago
$550,000
  • 0
    BEDS
  • 0.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,685
    SQFT
  • $72
    $/SQFT
Neighborhood:
31
Type:
Commercial
Built:
1948
County:
Area:
31

School Ratings & Info

Description

Multi-tenant office warehouse investment** 7,685 SF office-warehouse built into three separate suites completed in 1950. Owner put a new roof in 2020. Zoned M-1 Light Industrial in the City of Bakersfield. Current tenant leases two units at $1,500 (combined) and are on a month-to-month contract - rents have not been raised in 10 years. These two units have a potential rent of $1,500 & $1,000/month each. The vacant unit has a potential rent of $1,500. Combined potential rent income could be near $4,000/month. Please do not disturb tenants.

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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 Bpm Real Estate 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: 2022-08-10T15:31:56.607.
www.sellshouses.net/homes/131296968
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207 Kentucky Street Bakersfield, CA 93305

  • Price: $550,000
  • Status: Active
  • On Site: 14 Days
  • Updated: 67 min ago
  • ID#: 202208437
0
Beds
0
Baths
0
½ Baths
0.19
Acres
7,685
SQFT
$72
$/SQFT
1948
Built
Neighborhood:
31
County:
Kern
Area:
31
Property Description
Multi-tenant office warehouse investment** 7,685 SF office-warehouse built into three separate suites completed in 1950. Owner put a new roof in 2020. Zoned M-1 Light Industrial in the City of Bakersfield. Current tenant leases two units at $1,500 (combined) and are on a month-to-month contract - rents have not been raised in 10 years. These two units have a potential rent of $1,500 & $1,000/month each. The vacant unit has a potential rent of $1,500. Combined potential rent income could be near $4,000/month. Please do not disturb tenants.
Property Features

Annual Gross Income 48000.00 Annual Net Income 41941.00 Cap Rate 0 Commercial Type Industrial Current Use ChurchIndustrial Total Annual Expense 6059.00 Zone M-1

Listing courtesy of Omid Daragahi of Bpm Real Estate.


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 Bpm Real Estate 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: 2022-08-10T15:31:56.607.
 
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Louise Juracek | Open Door Real Estate
5351 Olive Drive, Suite 150
Bakersfield CA, 93308