900 Terrace Way

    Bakersfield, CA 93304
    • $1,599,000
    • STATUS: Active
    • ON SITE: 61 days
    • ID#: SB18199247
    UPDATED: 15 min ago
    $1,599,000
    • 0
      BEDS
    • 1.35
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 15,360
      SQFT
    • $104
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1968
    County:

    School Ratings & Info

    Description

    Awesome 18 unit complex located in a good rental area of Bakersfield. Large two bedroom units with upside potential rents (the building doesn't have rent control). Don't let this opportunity pass you by, this is a perfect opportunity to own a nice investment property, all units are occupied. Every single unit consist of 2 bedrooms and 1 bathroom. Amenities include ample parking, a sparkling swimming pool, and laundry facilities on the property. Each unit has their own water heater, gas meter, and electric meter.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-10-17T17:31:38.953. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.pismohomes.com/homes/86607558

    900 Terrace Way Bakersfield, CA 93304

    • Price: $1,599,000
    • Status: Active
    • Updated: 15 min ago
    • ID#: SB18199247
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.35
    Acres
    15,360
    SQFT
    $104
    $/SQFT
    1968
    Built
    Neighborhood:
    BKSF - Bakersfield
    County:
    Kern
    Area:
    BKSF - Bakersfield
    Property Description
    Awesome 18 unit complex located in a good rental area of Bakersfield. Large two bedroom units with upside potential rents (the building doesn't have rent control). Don't let this opportunity pass you by, this is a perfect opportunity to own a nice investment property, all units are occupied. Every single unit consist of 2 bedrooms and 1 bathroom. Amenities include ample parking, a sparkling swimming pool, and laundry facilities on the property. Each unit has their own water heater, gas meter, and electric meter.
    Exterior Features

    Garage Spaces 0.00 Lot Features 0-1 Unit/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Total 0.00 Pool Features Community PoolIn Ground Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Laundry Features Community Levels Two

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features Sidewalks Country Us Electric Expense 3600.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 156300.00 Gross Scheduled Income 156300.00 Insurance Expense 4900.00 Land Lease YN No Laundry Income 800.00 Laundry YN Yes Net Operating Income 144900.00 New Taxes Expense 0.00 Number Of Separate Electric Meters 19 Number Of Separate Gas Meters 19 Number Of Separate Water Meters 1 Operating Expense 11400.00 Professional Management Expense 8100.00 Rent Control YN No Senior Community YN No Sewer Unknown Special Listing Conditions Standard Total Expenses 24544.00 Trash Expense 1944.00 Water Sewer Expense 6000.00 Water Source See Remarks Year Built Source Assessor

    Listing provided courtesy of Mario Chavez of C-21 Amber Realty.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-10-17T17:31:38.953. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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