$555,000
$560,000
0.9%For more information regarding the value of a property, please contact us for a free consultation.
3,136 SqFt
SOLD DATE : 01/10/2025
Key Details
Sold Price $555,000
Property Type Multi-Family
Sub Type 4 Units
Listing Status Sold
Purchase Type For Sale
Square Footage 3,136 sqft
Price per Sqft $176
MLS Listing ID 202409225
Sold Date 01/10/25
Year Built 1974
Property Description
3601 Micheli Ct in Bakersfield, CA is a multifamily investment property listed for $560,000, offering a strong rental opportunity in a desirable Southwest Bakersfield location. Built in 1974, the property consists of four units, each with 2 bedrooms and 1 bathroom, and spans approximately 3,136 square feet. With a gross scheduled income of $46,920 and a gross rent multiplier of 11.94, the property provides significant upside potential for increasing rental income. This well-positioned asset in a high-demand rental area presents an excellent opportunity for investors looking to maximize returns.
Location
State CA
County Kern
Area 52
Exterior
Parking Features Uncovered
Building
Story 2
Schools
Elementary Schools Seibert, Amy B.
Middle Schools Thompson, F. L.
High Schools West
School District Panama-Buena Vista
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3400 Calloway Dr Suite 700, Bakersfield, California, 93312, USA