10,140 Sqft Lot
10,140 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Coming Soon
Purchase Type For Sale
MLS Listing ID RS26094191
HOA Y/N No
Year Built 1974
Lot Size 10,140 Sqft
Property Sub-Type Quadruplex
Property Description
The property is currently generating $4,935 per month ($59,220 annually) in gross rental income, offering immediate cash flow for investors. With solid in-place rents and continued demand for rental housing in the area, this asset provides both stability and long-term upside potential.
Each unit offers functional layouts that attract and retain tenants, contributing to consistent occupancy. The property's configuration and location make it ideal for both seasoned investors looking to expand their portfolio and newer investors seeking a reliable entry into multifamily ownership.
With Bakersfield continuing to experience growth and affordability-driven demand, this income property is a high-performing asset with strong income fundamentals and the potential for future rent growth.3601 Micheli and 3600 Micheli are being sold simultaneously by the same owner. The owner prefers to sell both properties at the same time.
Location
State CA
County Kern
Area Bksf - Bakersfield
Interior
Heating Central
Cooling Central Air
Fireplace No
Laundry Common Area
Exterior
Pool None
Community Features Curbs
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 44115125009
Acceptable Financing Submit
Listing Terms Submit
Special Listing Condition Standard
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