$1.05M
Est. $6,950/mo · 20% down · 6.5% · 30yr
1607 Palm Drive, Bakersfield, CA, 93305
MLS# 202602500
About this home
One of the most updated, top-tier managed 10-unit buildings coming on the market in some time, priced at a G.R.M. of 7.8! 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
$1.05M
Price
0 bd
Bedrooms
5,917 sqft
Living Area
15,245 sqft
Lot Size
1950
Year Built
5 - 10 Units
Type
65 days
Days Listed
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$7,884
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Neighborhood Snapshot
Bakersfield · 93305
Market Stats
Active Listings
119
ZIP 93305
Median List Price
$349K
ZIP 93305
Avg Days on Market
89
Bakersfield avg
Sale / List Price
98.5%
avg ratio
Location
1607 Palm Drive, Bakersfield, CA, 93305
Listed by: Phil M Jordan, Keller Williams Realty
MLS#: 202602500 · Source: GEMLS
Based on information from Golden Empire Multiple Listing Service (GEMLS). All data is obtained from various sources and has not been verified. Full disclaimer
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