Peerless Triplexes

**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 |
Units | 6 |
Unit Mix | 1 Bed / 1 Bath |
Net Operating Income | 22,163.10 |
Cap Rate | 5.99 |
Gross Rent Multiplier | 8.62 |
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 |