MLS# 202410326 - 2115 2117 G Street, Bakersfield, CA 93301
Courtesy of Esteban Contreras, Central Valley Property Advisors 152519214
Status:
Active
Property Type:
11 Plus
Year Built:
2006
Days On Website:
75
Property Details for 2115 2117 G Street, Bakersfield, CA 93301
Description
We're excited to present a lucrative twelve (12) unit multifamily investment in the heart of Bakersfield's vibrant Downtown Corridor, just steps from the iconic Fox Theatre and the renowned Padre Hotel. This exceptional property spans two Contiguous parcels: an eight-unit building Constructed in 2006 and a four-unit building from 1968. Both buildings feature spacious one-bedroom, one-bathroom units, making them highly desirable in today's rental market. Five of the twelve units have already been tastefully remodeled and are achieving top-market rents. The remaining seven units present a tremendous opportunity for the next owner to complete the remodels and bring them up to market rent, unlocking significant additional income potential. This asset provides immediate cash flow and a clear path to enhanced revenue growth. Whether you're an experienced investor or looking to break into multifamily investments, Seize the opportunity to unlock potential in a prime location today!
Open House
Features
Listing
- Listed on 2024-10-07 00: 00:00
Location
- City: Bakersfield
- ZIP code: 93301
- Area: 10
- County: Kern
Building
- Built in 2006
- 3,610 square feet
- 12 units
Parking
- Uncovered
Lot
- Lot measurement: SqFt
- Lot is 3,049 square feet
Miscellaneous
- Annual gross income: $164,568
- Annual net income: $106,505
- Total annual expense: $60,387
Property Map
Map View
$1,850,000 - 2115 2117 G Street, Bakersfield, CA 93301
Street View
Directions
2115 2117 G Street
Bakersfield, CA 93301
City: Bakersfield