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About This Home
This 0-bedroom, 0-bathroom residential multi family at 4320 Columbus Street in Bakersfield, CA is listed for $980,000 ($309 per sqft). Built in 1962, the home offers 3,168 sqft of living space on a 0.38 acres lot.
Incredible 8-unit multifamily investment opportunity in Bakersfield's desirable 93306 corridor! Two well-maintained 4-plex buildings on one parcel, totaling 6,336 sq ft. All 2BD/1BA floor plans with private yard areas, covered parking, and a common area between buildings.
On-site laundry room, some new windows, and great curb appeal. 6 of the 8 Central AC units are about 6 years old or NEWER. 100% occupied with gross monthly income of $8,960, and current rents ranging from $1,050-$1,250 are still below the market rate of $1,250-$1,300 per unit, meaning there's real upside for the next owner! Strong cash flow, strong demand, strong market - this one checks all the boxes!6.7% Cap Rate.
Key Features
- Built in 1962
- 0.38 acre lot
Property Details
Monthly Cost Estimate
$5,241/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
4320 Columbus Street
Bakersfield, CA 93306
Property Details
Parking
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 4320 Columbus Street is listed at $980,000 ($309/sqft). The estimated monthly payment is $4,247 based on 20% down at 6.5% interest.
Key features include: Built in 1962, 0.38 acre lot.
This property is listed by Phil M Jordan and can be reached at 8054538353 or phil@jordanapartmentguys.com.
