⚠️Vacant Triplex in Ridgecrest🏘

Kern County, Ridgecrest, CA, 93555
Sold
Listed at: September 22nd, 2022
Price
$155,000
ARV
$325,000
Gross Margin
$170,000
Sq. Footage
2927
Type
Multifamily
Parking
Attached Garage
Year build
1963
Lot size
0.43 acres
Bedrooms
8
Bathrooms
4
Half Bathrooms
0
Summary

Looking for an investment opportunity? Check out this 8-bedroom, 4-bathroom triplex in Kern County! This property is perfect for anyone looking to get into the multifamily market – it's vacant and ready for your magic touch! With 2,927 square feet of living space, this property would be great for your next project. The property does need some work but it could easily be turned into a cash cow with a little TLC!


Walkthroughs are not allowed on this one – you must purchase sight unseen – but that's why the price is so great! So call today and take advantage of this incredible deal!



Triplex:

main house: 4 bed, 2 bath, & basement

apartment: 2 bed, 1 bath w/ kitchen, dining room, & living room

apartment: 2 bed, 1 bath w/ kitchen, dining room, & living room


Condition according to seller:

"Needs paint, floors, new faucets, needs a new roof.

AC: dual pack on the roof.

In the apartments there are swamp coolers.

No foundational issues."



-Property MUST be purchased sight unseen.


-Property to be sold in “as-is” condition. 


-Property to be delivered vacant.


-Buyer to close escrow on or before October 24, 2022.


-Cash or Hard money purchase only. If using hard money MUST specify. No additional walk-throughs will be provided for hard money lenders.


-Buyer to pay all closing costs (both buyer and seller).


-All offers require a $15,000 non-refundable earnest money deposit due within 24 hours upon acceptance.


-Agents, if you are representing a buyer please add your fee/commission on top of the purchase price.

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

Ryan Lyle

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Disposition manager