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425 Washington Avenue

Bakersfield, CA 93308
  • $225,000
  • STATUS: Active
  • ON SITE: 29 Days
  • ID#: 202209728
$225,000
  • 0
    BEDS
  • 0.24
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,459
    SQFT
  • $154
    $/SQFT
Neighborhood:
22
Type:
Multi-Family
Built:
1940
County:
Area:
22

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Wow, Attractively priced 2 houses on a lot on a 10,453 SF lot! FRONT house is a 2 Bed/1 Bath and has its own private front yard and driveway - long-term tenant paying $815 a month(pays ON TIME every month!)2020 COMPLETELY RE-PLUMBED WITH NEW "PEX", also: NEW Water main and NEW water heater last year!. No roof leaks. REAR house is a 1 Bed/1 Bath and is privately fenced with access from alley - tenant is paying $750 ON TIME every month - was refurbished in 2021 with new tile floors, new paint and new water heater. Tenants pay their own gas and electric bills. Huge potential for upside (about 40%) on the rents compared to current market rates.

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Information deemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2022. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Keller Williams Realty or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2022-09-27T23:31:38.6.
www.teamalishaan.com/homes/132566297
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425 Washington Avenue Bakersfield, CA 93308

  • Price: $225,000
  • Status: Active
  • On Site: 29 Days
  • ID#: 202209728
0
Beds
0
Baths
0
½ Baths
0.24
Acres
1,459
SQFT
$154
$/SQFT
1940
Built
Neighborhood:
22
County:
Kern
Area:
22
Elementary School:
Wingland
Middle School:
Standard
High School:
North
School District:
Standard
Property Description
Wow, Attractively priced 2 houses on a lot on a 10,453 SF lot! FRONT house is a 2 Bed/1 Bath and has its own private front yard and driveway - long-term tenant paying $815 a month(pays ON TIME every month!)2020 COMPLETELY RE-PLUMBED WITH NEW "PEX", also: NEW Water main and NEW water heater last year!. No roof leaks. REAR house is a 1 Bed/1 Bath and is privately fenced with access from alley - tenant is paying $750 ON TIME every month - was refurbished in 2021 with new tile floors, new paint and new water heater. Tenants pay their own gas and electric bills. Huge potential for upside (about 40%) on the rents compared to current market rates.
Exterior Features

Garages 0 Parking Uncovered Parking Spaces 0.00

Property Features

Annual Gross Income 18780.00 Annual Net Income 11441.00 Cap Rate 0.05 Disclosures None Of The Above Multifamily Type 2 Homes On 1 Lot Total Annual Expense 6963.00 Vacancy Factor 376.00

Listing courtesy of Philip Jordan of Keller Williams Realty: .


Information deemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2022. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Keller Williams Realty or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2022-09-27T23:31:38.6.
 
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Agentcor Realty
5016 California Ave
Bakersfield CA, 93309