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$ 675,000
Est. payment /mo
Price Dropped by $4K
1911 Flower Street Bakersfield, CA 93305
3,120 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type 5 - 10 Units
Listing Status Active
Purchase Type For Sale
Square Footage 3,120 sqft
Price per Sqft $216
MLS Listing ID 202602544
Year Built 1959
Property Sub-Type 5 - 10 Units
Property Description
Meticulously maintained 6-unit complex in the popular East Bakersfield area near Kern Medical Center, has a very attractive 9.3 GRM. The property has been well cared for, with units kept in excellent condition both inside and out. Each unit features a 1-bedroom, 1-bath layout currently renting in the $1,000/month range. The property offers fenced yard areas with well-maintained lawns and landscaping, creating a pleasant environment for tenants. Utilities include individually metered gas and electric. Secure, happy tenants in place. The cap rate is 6.2%.
Location
State CA
County Kern
Area 31
Exterior
Parking Features Uncovered
Parking On Site 6
Building
Story 1
Schools
Elementary Schools Mann, Horace
Middle Schools Compton
High Schools East
Listed by Phil M Jordan • Keller Williams Realty
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