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Key Details
Sold Price $1,368,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID MD24107749
Sold Date 08/09/24
Bedrooms 1
HOA Y/N No
Lot Size 0.806 Acres
Property Description
We are proud to have been chosen to exclusively present for sale this 18 unit multi-family property located @ 929 E Brundage Ave in Bakersfield CA 93307. The offering has significant value-add potential with all 1 bedroom, 1 bath units, & recently underwent significant upgrades, including a brand-new roof installation and replacement of the main sewer line. With these vital improvements enhancing the property's value and durability, along with the addition of a new unit constructed in 2023, investors can expect increased tenant satisfaction and decreased maintenance costs. Strategically located with easy access to downtown Bakersfield and major highways, along with proximity to a plethora of community amenities, this property presents an enticing opportunity for those seeking promising returns in Bakersfield's thriving rental market. Seize the chance to secure your financial future with this lucrative investment!
We are proud to have been chosen to exclusively present for sale this 18 unit multi-family property located @ 929 E Brundage Ave in Bakersfield CA 93307. The offering has significant value-add potential with all 1 bedroom, 1 bath units, & recently underwent significant upgrades, including a brand-new roof installation and replacement of the main sewer line. With these vital improvements enhancing the property's value and durability, along with the addition of a new unit constructed in 2023, investors can expect increased tenant satisfaction and decreased maintenance costs. Strategically located with easy access to downtown Bakersfield and major highways, along with proximity to a plethora of community amenities, this property presents an enticing opportunity for those seeking promising returns in Bakersfield's thriving rental market. Seize the chance to secure your financial future with this lucrative investment!
Location
State CA
County Kern
Area Bakersfield (93307)
Zoning Assessor
Interior
Cooling Swamp Cooler(s), Other/Remarks
Building
Lot Description Sidewalks
Story 1
Level or Stories 1 Story
Others
Monthly Total Fees $5, 577
Acceptable Financing Exchange
Space Rent $833
Listing Terms Exchange
Financing Cash
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Bought with Eric Van Denk • Central Valley Property Advisors
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Mary Ellen Haywood
Broker Associate | CA DRE#01264878
Broker Associate CA DRE#01264878