We're excited to present a lucrative twelve (12) unit multifamily investment in the heart of Bakersfield's vibrant Downtown Corridor, just steps from the iconic Fox Theatre and the renowned Padre Hotel. This exceptional property spans two Contiguous parcels: an eight-unit building Constructed in 2006 and a four-unit building from 1968. Both buildings feature spacious one-bedroom, one-bathroom units, making them highly desirable in today's rental market. Five of the twelve units have already been tastefully remodeled and are achieving top-market rents. The remaining seven units present a tremendous opportunity for the next owner to complete the remodels and bring them up to market rent, unlocking significant additional income potential. This asset provides immediate cash flow and a clear path to enhanced revenue growth. Whether you're an experienced investor or looking to break into multifamily investments, Seize the opportunity to unlock potential in a prime location today.
MLS #
CRMD24237689
MLS Source
California Regional MLS
Days on Site
3
Appliances
Other
Cooling
Central Forced Air
Heating
Central Forced Air
Garage/Parking
Garage: 0 Car(s)
# Buildings | # Leased Units | # Total Units |
---|---|---|
2 | – | – |
2115 2117 G St is a Residential Income in Bakersfield, CA 93301. This – square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,850,000 and was built in 2006.
This address can also be written as 2115 2117 G St, Bakersfield, CA 93301.©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of November 20, 2024. For the most current information, please contact Esteban Contreras, (661) 376-0575