1724 Terrace Way, Bakersfield, CA 93304

$475,000

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List Price
$475,000
Status
ACTIVE
MLS#
NS26128651
Year Built
1948
Lot Size
6,969
Acres
0.16
Lot Location
Front Yard
Days on Market
44
Property Type
Multifamily
Property Sub Type
Duplex

Property Description

Fantastic income-producing property featuring two separate units with reliable tenants already in place. The front home offers 3 bedrooms and 2 bathrooms, providing a spacious and comfortable layout for long-term occupancy. The back unit has been newly remodeled and features 2 bedrooms and 1 bathroom, and aproximatly 750sq feet showcasing updated finishes and modern appeal. Both units are currently occupied by good tenants, making this an excellent turnkey investment with immediate cash flow. Conveniently located and well-maintained, this property offers a great opportunity for investors looking to expand their portfolio or owner-occupants seeking supplemental rental income.

Additional Information

Pool Description
None
Garage Spaces Total
2
Sewer
Septic Type Unknown
Water
Public
Attached Structure
Detached
Number Of Units Total
3
Gross Scheduled Income
$40,800
Operating Expense
6826

Listing courtesy of Listing Agent: Miguel Hernandez (miguel@teamhernandez1.com) from Listing Office: Open Door Real Estate.

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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.