Dolores Fourplex

Located in Bakersfield’s East Submarket, this fourplex property’s longterm owner is retiring. The pride of ownership is clear to see in the 2-bed / 1-bath units, three of which have been rehabbed recently. Tenants enjoy carport parking, laundry hookups, fenced patios and close proximity to major byways and local attractions. One tenant has lived there for over 20 years. This area offers strong demand for rental properties, due to the the close proximity of two primary schools, a major community park and county service offices including the Kern County Probation Department and the Kern County Library. Rent range $650-$675.
Price: | $295,000 |
Units | 4 |
Unit Mix | 2 Bed / 1 Bath |
Net Operating Income | 18,888 |
Cap Rate | 6.4% |
Gross Rent Multiplier | 9.19 |
Address: | 928 Dolores Street |
City: | Bakersfield |
County: | Kern |
State: | California |
Zip Code: | 93305 |
Year Built: | 1971 |
Floors: | 1 |
Bedrooms: | 2 |
Bathrooms: | 1 |
Garage: | Carports |
Property Type: | Fourplex- Multi family |
Fencing: | Fully Fenced Private Patios |
Heat/Cool: | Coolers/ Wall heaters |
Parking: | Carport |
Laundry: | Hookups |