Homes for sale - 1102 Gage ST, Bakersfield, CA 93305

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Dusty Mulhearn

dusty@propertycousins.com +1(949) 500-6274

$ 640,000

Est. payment | -/mo

6,294 Sqft Lot

Save

$ 640,000

Est. payment | -/mo

Save

6,294 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID MD25154979

HOA Y/N No

Year Built 1988

Lot Size 6,294 Sqft

Property Sub-Type Quadruplex

Property Description

A large fourplex built in 1988, featuring (4) 3bd/1ba units. All units have been updated within the past five years with modern laminate flooring and smooth skim-coated, freshly painted walls.Two units also feature granite kitchen countertops for added appeal.The property is fully occupied and currently generates $5,360 per month in gross rental income.Rents range from $1,300 to $1,400 per unit, with upside potential to reach $1,500/month.Exterior improvements include newly replaced staircases and handrails on both the front and rear of the building, boosting both safety and curb appeal.The two ground-level units enjoy private, fenced yards with upgraded security gates with keypad access. A security gate has also been installed at the rear of the property, where tenants enjoy gated parking,two designated spaces per unit.This asset offers strong in-place cash flow and potential for increased income, making it a smart addition to any investor's portfolio.

Location

State CA

County Kern

Area Bksf - Bakersfield

Zoning R-4

Interior

Fireplace No

Laundry Washer Hookup, Gas Dryer Hookup

Exterior

Pool None

Community Features Street Lights, Sidewalks

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 01535012005

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Standard

Listed by Eric Van Denk Central Valley Property Advisors 419-206-7117

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(949) 500-6274

dusty@propertycousins.com

United States

1102 Gage ST Bakersfield, CA 93305