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ResidentialIncome — 3600 Micheli Court, Bakersfield, CA

$630,000

3600 Micheli Court, Bakersfield, CA

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About this property

Fully Occupied 4-Unit Investment Opportunity – Southwest Bakersfield Explore this well-located 4-unit multifamily property in a desirable Southwest Bakersfield neighborhood. Offered at $630.000.00, this income-producing asset is 100% occupied with long-term tenants in place, providing immediate and stable cash flow. The property is currently generating $4,935.00 per month ($59,220.00 annually) in gross rental income. With solid in-place rents and strong demand for rental housing in the area, this property offers a dependable income stream with potential for future rent growth. Townhomes with one full bath and half bath. This is an excellent opportunity for investors seeking a stable, income-producing asset with long-term upside in a growing rental market. Seller is also selling 3601 Micheli next door and would prefer to sell it at the same time.

Property details

Year built
1976
Property type
ResidentialIncome

Location

3600 Micheli Court • Bakersfield, CA 93309

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Listed by

Martin Gonzalez · Realty Executives All Cities