2804 Horace Mann Court

Bakersfield,CA 93306

$ 229500

- Bed

- Bath

1457 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 1,457 sqft

Price per Sqft $157

MLS Listing ID 202507868

Year Built 1950

Property Sub-Type Duplex

Property Description

The deal you have been looking for! The Hillcrest duplex has a 2bed/1bath unit and a 1bed/1bath unit. The rents are about $1400/month. Rents are significantly under market rented to long-term tenants, paying "month-to-month". Good tenants always pay on time. The opportunity here is to buy in a desirable neighborhood at a very low price per unit. Then make improvements to the units and over time as tenants move on, rehab them, and bring up to full market value. There are 2 parcels next to each other: each parcel has one duplex and a 2-car garage. Seller prefers to sell this duplex, with adjacent 1661 Camino Sierra, separately listed, concurrently to the same buyer, cash as-is, due to significant deferred maintenance.

Location

State CA

County Kern

Area 32

Exterior

Parking Features Garage,Uncovered

Garage Spaces 2.0

Parking On Site 2

Building

Story 1

Schools

Elementary Schools Mann, Horace

Middle Schools Compton

High Schools East

School District Bakersfield City

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