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404 Covey Avenue Bakersfield, CA 93308
UPDATED:
12/07/2024 06:51 AM
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
Listed by Robert E Murray • Miramar International-Riverwalk