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Listing 7 out of 1,534
$570,000 For Sale

5301 Demaret Avenue
Bakersfield, CA 93309

5 units | Multi Family Home
1494 sq ft - MLS# 21809861
Property Photo
1/26

Description

If you're looking for a small portfolio to add to your collection, this is it. Four tenant occupied condos in one complex & a fifth fully renovated condo located less than a mile away. Rental income currently $4000, potential to be $5000 or more once the last unit is rented.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Special Conditions: HOA Fees,Call Listing Agent
  • Listing Status: Active
  • County/Area: Kern County
  • Zip Code: 93309
  • Year Built: 1968
  • Elementary School: Van Horn, Wayne
  • Middle School: Thompson, F. L.
  • High School: West
  • Sq.Ft.: 1,615 sq ft
  • Stories: 2 Story
  • Units: 5 units
  • Lot Size: 1494 sq ft
  • # Parking: 10.00
  • # of Garages: 5
  • Annual Gross Income: $60,000
  • Annual Net Income: $54,000
  • Lot Measurement: SqFt
  • Parking: Garage,Uncovered
  • Property Subtype 1: 5 - 10 Units
  • Total Annual Expense: $6,000
  • Vacancy Factor: 5.00
Courtesy of The Fox Group

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Mary Cruz | Mary Cruz Realty  | Phone: 661-201-9434Email Me
​PO Box 9515 Bakersfield, CA 93389

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