Peerless Triplexes

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**Sale includes identical sister property next door for a total of six units in two buildings on side-by-side lots. A third building containing six detached garages straddles the property line between the lots. Second property address: 2907 Peerless Avenue**

Two triplexes sit side-by-side on separate lots for this North Bakersfield sale listing. Six total units are situated to form a manicured courtyard encircled with a sidewalk that leads to each unit’s front door. Each charming unit is one bedroom, one bathroom and includes laundry hookups and a detached garage. Strong rent upside potential exists. This growing neighborhood includes lots of shopping, three large schools, North Meadows Park and Meadows Field International Airport.

CASH OR COMMERCIAL LOAN ONLY

Price:$370,000
Units6
Unit Mix1 Bed / 1 Bath
Net Operating Income22,163.10
Cap Rate5.99
Gross Rent Multiplier8.62
Address:2905-2907 Peerless Avenue
City:Bakersfield
County:Kern
State:CA
Zip Code:93308
Year Built:1951
Floors:1
Lot Square Feet:12,196
Bedrooms:6
Bathrooms:6
Property Type:Multifamily
Construction:Two Side-by-Side Lots
Parking:Detached Garage
Laundry:Hookups

Listing Inquiry