HUGE OPPORTUNITY I Bakersfield,CA I Triplex Investment with current Cash Flow and Two Vacant Units! Seize the Opportunity for Lucrative Returns Now

Kern County, Bakersfield, CA, 93304
Sold
Listed at: April 27th, 2024
Price
$287,000
ARV
$400,000
Gross Margin
$113,000
Sq. Footage
2027
Type
Multifamily
Parking
Attached Garage
Year build
1940
Lot size
0.21 acres
Bedrooms
5
Bathrooms
3
Half Bathrooms
0
Summary

$287,000 sales price

Bakersfield,Ca 93304

ARV - $400,000

 

 

Wholesalers and agents must add on top to get compinsated if you bring and end buyer 

 

  • Contact Dispo Manager Gary: For inquiries and showings, please contact Gary at 661-900-4104. Showings are scheduled for Tuesday, 4/30/24, in the morning. Contact to secure your spot on the showing list. 📞✉️

 

  • Review Investorlift Remarks: Please read all Investorlift remarks and view photos and video before any further questions. 📝📸

 

  • Prime Location: Located in Bakersfield, this triplex offers a strategic investment opportunity in a growing area. 🌟

  • Three Units in One Parcel: Totaling three units, this property includes a spacious 2-bed, 1-bath standalone unit, currently occupied with tenants paying $1,150 on a month-to-month basis. 🏠💼

  • Vacant Units Ready for Transformation: Two additional units, a 1-bed, 1-bath bottom unit and a 2-bed, 1-bath top unit, are vacant and ready for renovation. presenting an excellent opportunity for a fix-and-flip or rental investment. 🔨💸

  • Separate Utility Meters: The standalone unit has its own utility meters, while the two-story units share a meter. 💡

  • Community Washer and Dryer: An exterior washer and dryer area provides convenience for all tenants, while the standalone unit has its own washer and dryer. 🧺🔄

  • Recommended Investment Strategy: Consider leaving the front unit as is and rehabbing the back units for increased rental potential. Suggestions for adding additional bedrooms to maximize rental income. 💡💰

  • Purchase Terms: Property is to be purchased as is, with the end buyer responsible for all escrow and title fees. Sales price includes the assignment fee. Cash, private, or hard money transactions only. 

Videos

Two units stacked tour

Long Video Tour

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Brandon Hardin

No reviews

Disposition manager