3604 Panama, Bakersfield, CA 93313

$750,000

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List Price
$750,000
Status
ACTIVE
MLS#
SR26168007
Year Built
1985
Lot Size
12,559
Acres
0.29
Lot Location
2-5 Units/Acre, Near Public Transit, Street Level
Days on Market
0
Property Type
Multifamily
Property Sub Type
Apartment
Stories
Two Levels

Property Description

Newly remodeled 5-unit investment opportunity, Located in a highly desirable area of Bakersfield. All 5 units are 2 bedrooms and 1.5 bath, most of the units have been completely remodeled but 2 units will require some degree of finishing touches to be complete, plus some exterior paint & trim etc. Currently all units are VACANT due to the remodel that in in progress. The property situated on a good size lot and each unit has its own attached garage for convenience. This property is conveniently located within walking distance to shopping centers, dining, and huge retail and is minutes to major freeways. This property has a huge upside for an investor who wants to complete some upgrades in order to make it a great cash flow investment.

Additional Information

Pool Description
None
Garage Spaces Total
5
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Number Of Units Total
5
Gross Scheduled Income
$100,500
Operating Expense
5000

Listing courtesy of Listing Agent: David Lister (WALLSTREETHOMES@AOL.COM) from Listing Office: Wall Street Realty.

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.