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1701 OWENS ST Bakersfield, CA 93305
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Key Details
Sold Price $370,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 22126697
Sold Date 07/14/22
HOA Y/N No
Year Built 1922
Lot Size 4,356 Sqft
Property Description
Upgraded fourplex with strong cash flow. All units are 2 bedroom 1 bath, have been renovated and are fully occupied. Rents are Unit A: $817, Unit B: $817, Unit C: $802 and Unit D: $875. 3 units are section 8, 1 unit is paid by the Dream Program with the Kern County Housing aAuthority. Rents are stronger than most listed properties in the area and yet there could be room to increase them even more! A rental increase request has been made for unit C at $880 per month with section 8. Units A and B may qualify for increases in the coming months as well. All tenants are on month to month leases. The key systems have been upgraded. Newer roof, plumbing, electrical and water heater. Great investment opportunity that won't last long.
Location
State CA
County Kern
Area Bksf - Bakersfield
Zoning R-3
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Appliance Gas Range
Exterior
Parking Features None
Building
Story 2
New Construction No
Others
Senior Community No
Tax ID 12707017005
Special Listing Condition Standard
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Bought with Angela Scurry-Herrera Redfin Corporation
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