$1.07M
Est. $7,116/mo · 20% down · 6.5% · 30yr
1607 Palm Drive, Bakersfield, CA, 93305
About this home
One of the most updated, top-tier managed 10-unit buildings coming on the market in some time. The East Bakersfield offering consists of two 2-bedroom units, and eight 1-bedroom units, fully occupied, modern dual-pane windows, updated exterior paint, beautiful grounds. Owner takes pride in providing a quality living experience for their tenants that has led to happy long-term residents. The 2-bedroom units rent in the $1291-1522 range, and the 1-bedroom units rent in the $744-1194 range. The cap rate is 7.7%.
Property Details
$1.07M
Price
0 bd
Bedrooms
5,917 sqft
Living Area
15,245 sqft
Lot Size
1950
Year Built
5 - 10 Units
Type
47 days
Days Listed
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Neighborhood Snapshot
Bakersfield · 93305
Market Stats
Active Listings
118
ZIP 93305
Median List Price
$329K
ZIP 93305
Avg Days on Market
91
Bakersfield avg
Sale / List Price
97.9%
avg ratio
Nearby Schools
🏫 Elementary
Jefferson Elementary School
🏫 Middle School
Bakersfield Junior Academy
🏫 High School
East Bakersfield High School
🏫 School
College Heights School
Nearby Amenities
🛒 Grocery
- Walmart Supercenter
- Albertsons
🌳 Park
- Heritage Park
- Siemon Park
- Virginia Avenue Park
Location
1607 Palm Drive, Bakersfield, CA, 93305
Listed by: Phil M Jordan, Keller Williams Realty
Based on information from CRMLS. All data is obtained from various sources and has not been verified. Full disclaimer
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