2801 Morin Court, Bakersfield, CA 93304

$695,000

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List Price
$695,000
Status
ACTIVE
MLS#
AR26187823
Year Built
1985
Lot Size
8,079
Acres
0.19
Lot Location
2-5 Units/Acre
Days on Market
1
Property Type
Multifamily
Property Sub Type
Quadruplex
Stories
Two Levels

Property Description

INVESTMENT OPPORTUNITY: In a well-maintained 4-Plex, located in Southwest Bakersfield's area and desirable Wible Orchard neighborhood. Built in 1985, this 2-story quadruplex sits on a quiet cul-de-sac with an 8,079 sq ft lot. Three units are currently occupied with established tenants. There is one fully furnished unit that has been successfully used as a seasonal rental. You have the option to rent it out or make it an owner-occupied unit. This flexibility makes it attractive for short-term workers, corporate housing, or long-term tenants. Please note: Furniture is not included in the sale of the property, but it can be negotiated. Currently 3 of 4 units occupied. Location Advantages: Located in a growing neighborhood just south of downtown Bakersfield, with three shopping centers within 0.8 miles, diverse dining options on New Stine Road and California Avenue, nearby parks, and proximity to Cal State Bakersfield and Bakersfield College.

Additional Information

Appliances
Dryer, Washer
Pool Description
None
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$60,120
Operating Expense
17329

Listing courtesy of Listing Agent: Rockie Mitchell (ask4rockie@gmail.com) from Listing Office: eXp Realty of California Inc.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.