3737 Soranno Avenue Active

Bakersfield,CA 93309

$ 550000

8 Beds

4 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID P1-21692

Bedrooms 8

HOA Y/N No

Lot Size 7,405 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Enhance your real estate portfolio with a prime opportunity to acquire a reputable asset. This 4-plex generates consistent rental income in a highly desirable area of Bakersfield. As all units are currently occupied by reliable tenants, investors will benefit from immediate positive cash flow, avoiding the common vacancy issues associated with new investment properties. The property's current valuation is below market value, and its full occupancy status presents an exceptional opportunity for both novice and experienced investors. Properties that offer this combination of value and return are seldom available for extended periods.
Enhance your real estate portfolio with a prime opportunity to acquire a reputable asset. This 4-plex generates consistent rental income in a highly desirable area of Bakersfield. As all units are currently occupied by reliable tenants, investors will benefit from immediate positive cash flow, avoiding the common vacancy issues associated with new investment properties. The property's current valuation is below market value, and its full occupancy status presents an exceptional opportunity for both novice and experienced investors. Properties that offer this combination of value and return are seldom available for extended periods.

Location

State CA

County Kern

Area Bakersfield (93309)

Zoning Assessor

Interior

Cooling Central Forced Air

Building

Story 2

Lot Size Range 4000-7499 SF

Level or Stories 2 Story

Others

Acceptable Financing Cash,Conventional

Space Rent $925

Listing Terms Cash,Conventional

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