Well-maintained triplex in North Bakersfield offering strong in-place income. The property features a spacious front home along with two rear units that are exceptionally clean and turnkey, making this an ideal opportunity for investors seeking a low-maintenance asset.The property currently generates approximately $43,000+ in annual income with a net operating income exceeding $32,000, providing immediate cash flow from day one. The rear units have been well cared for and are rent-ready, reducing future capital expenditures and minimizing downtime. In addition to its current performance, there remains upside potential through gradual rent adjustments and operational improvements, offering both stability and growth. Conveniently located near major roads, shopping, and employment centers, this property continues to attract consistent tenant demand.
Listed By
Agency Name: D Best Realty, Inc.
Agency Contact: 661-582-0700
Shown By
Agency Title: Watson Realty - Central California Escrow
Agency Phone: (661) 716-5000
Estimated Payment
$ 1,044.65 per month $923.61 Principal & Interest $0.00 Property Tax (data not provided by mls) $121.04 Homeowner's Insurance
303 El Tejon Avenue | MLS# 202603268
This multi-family property located at 303 El Tejon Avenue, Bakersfield, CA 93308 is currently listed for sale with an asking price of $415,000. Search Bakersfield real estate on www.cce-escrow.com today.