404 Covey Avenue Active

Bakersfield,CA 93308

$ 699000

- Bed

- Bath

0 SqFt


Key Details

Property Type Multi-Family

Sub Type 3 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 202412146

Year Built 2024

Property Description

3 detached homes on one lot! Each home has its own dedicated parking next to the unit, enough for 2 large vehicles. All units occupiedm Paid for solar panels for each house means tenants get power credit and very low electric bills as solar is owned outright, NOT a lease or PPA. Total rent per month from the 3 occupied units is $4875. Faux wood ceramic tile flooring throughout, Durable construction materials all tile roofing. All units have built in dishwashers, stove/oven, microwave. Square footage living area approx 1058 sf per unit, 3174 total sf. Pro forma Cap Rate based on expense ration of 25% of annual rent 6.1 % at list price $699k

Location

State CA

County Kern

Area 21

Exterior

Parking Features Uncovered

Parking On Site 6

Building

Story 1

Schools

Elementary Schools Beardsley

Middle Schools Beardsley

High Schools North

School District Beardsley

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