919 Grace Street

    Bakersfield, CA 93305
    • $358,000
    • STATUS: Active
    • ON SITE: 228 days
    • ID#: CV19158473
    UPDATED: 167 min ago
    $358,000
    • 0
      BEDS
    • 0.69
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,768
      SQFT
    • $95
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1921
    County:

    School Ratings & Info

    Description

    Excellent Cash-flow property features a two-story main house, with a second house, and other structures on an over 30,000 sqft lot. Single-tenant leased the entire property, paying their own water, trash, and bringing rental income $2,800 monthly, in contract until July 2021.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-02-23T00:26:41.033. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Steele Canyon Realty. Licensed in the State of California, USA.

    www.steelecanyonrealty.com/homes/96694734

    919 Grace Street Bakersfield, CA 93305

    • Price: $358,000
    • Status: Active
    • Updated: 167 min ago
    • ID#: CV19158473
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.69
    Acres
    3,768
    SQFT
    $95
    $/SQFT
    1921
    Built
    Neighborhood:
    BKSF - Bakersfield
    County:
    Kern
    Area:
    BKSF - Bakersfield
    Property Description
    Excellent Cash-flow property features a two-story main house, with a second house, and other structures on an over 30,000 sqft lot. Single-tenant leased the entire property, paying their own water, trash, and bringing rental income $2,800 monthly, in contract until July 2021.
    Exterior Features

    Garage Spaces 2.00 Lot Features Lot 20000-39999 Sqft Lot Size Source Assessor Lot Size Units Square Feet Parking Total 2.00 Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Laundry Features Inside Levels Two

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cap Rate 7.10 Community Features Curbs Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 33600.00 Gross Multiplier 11.10 Gross Scheduled Income 33600.00 Insurance Expense 2500.00 Land Lease YN No Laundry YN Yes Net Operating Income 26600.00 New Construction YN No New Taxes Expense 4500.00 Number Of Separate Electric Meters 1 Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Number Of Units Leased 2 Operating Expense 0.00 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays All Utilities Total Actual Rent 2800.00 Total Expenses 7000.00 Trash Expense 0.00 Vacancy Allowance Rate 0.00 Water Sewer Expense 0.00 Water Source Public Year Built Source Assessor Zoning R-3

    Listing provided courtesy of Steven Tong of K.W. Executive


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-02-23T00:26:41.033. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Steele Canyon Realty. Licensed in the State of California, USA.

     
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