Description
Attention Investors! This 4-plex features 2 units that are 3 bedrooms and 1.5 baths. Market rents are $800 per unit. 2 of the units are 2 bedrooms, 1 bath. Market rents are $700 per unit. Total market rents are $3,000 per month and $36,000 per year. Cap rate is above 7%. Current rents are below market and could be increased. This property is 100% occupied at the time of taking the listing.and currently is professionally managed. Seller is in the process of making some improvements including painting the exterior. Please call for more information.
Listing Agent: Peter Peralta Listing Office: Watson Realty Provided Courtesy Of Bakersfield Association of Realtors. Information Is Believed To Be Accurate But Not Guaranteed. Copyright Bakersfield Association of Realtors. All Rights Reserved.
