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$ 850,000
Est. payment | /mo
8 Beds
4 Baths
0.31 Acres Lot
$ 850,000
Est. payment | /mo
8 Beds
4 Baths
0.31 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID GD26191747
Bedrooms 8
Lot Size 0.310 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
2508 Ashe Road is a well maintained five-unit multifamily property in a desirable Southwest Bakersfield location. Built in 1978, the property is in good condition and has a stable, reliable tenant mix. Vacant units rent very fast given the desirable area and central location. The unit mix includes four 2- bedroom x1bath units and one 3-bedroom unit. Each unit has in-unit laundry, central heating, and air conditioning. The property also includes five separate garages, with one garage attached to the three bedroom unit. Some rents are below market, providing a clear opportunity to increase income. California generally permits annual rent increases of 5% plus inflation, up to a maximum of 10%, where applicable. This is a strong income producing property with good tenants, desirable features, and room for future rental growth.
Location
State CA
County Kern
Zoning Assessor
Direction Ming Ave
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 35536104001
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Karine Haneyan, DRE#02100210 JohnHart Real Estate
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