1724 Terrace Way, Bakersfield, CA, CA 93304
- $475,000
- List Price
- $475,000
- Status
- ACTIVE
- MLS#
- NS26128651
- County
- Kern
- Year Built
- 1948
- Building Square Feet
- 2,385
- Square Feet
- 6,969
- Days on Market
- 50
- Property Type
- Multifamily
Property Description
Fantastic income-producing property featuring two separate units with reliable tenants already in place. The front home offers 3 bedrooms and 2 bathrooms, providing a spacious and comfortable layout for long-term occupancy. The back unit has been newly remodeled and features 2 bedrooms and 1 bathroom, and aproximatly 750sq feet showcasing updated finishes and modern appeal. Both units are currently occupied by good tenants, making this an excellent turnkey investment with immediate cash flow. Conveniently located and well-maintained, this property offers a great opportunity for investors looking to expand their portfolio or owner-occupants seeking supplemental rental income.
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Additional Information
- Parcel Number
- 14731008
- Gross Scheduled Income
- $40,800
- Operating Expense
- 6826
- Net Operating Income
- $33,974
- Number of Buildings
- 1
- Lot Features
- Front Yard
- Garage Spaces Total
- 2
- Sewer
- Septic Type Unknown
- Water
- Public
- Community Features
- Sidewalks
Listing courtesy of Listing Agent: Miguel Hernandez (miguel@teamhernandez1.com) from Listing Office: Open Door Real Estate.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.