1102 Gage ST Pending Save Request In-Person Tour Request Virtual Tour
Bakersfield,CA 93305
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Quadruplex
Listing Status Pending
Purchase Type For Sale
MLS Listing ID MD25154979
Year Built 1988
Lot Size 6,294 Sqft
Property Sub-Type Quadruplex
Property Description
A large fourplex built in 1988, featuring (4) 3bd/1ba units. All units have been updated within the past five years with modern laminate flooring and smooth skim-coated, freshly painted walls.Two units also feature granite kitchen countertops for added appeal.The property is fully occupied and currently generates $5,360 per month in gross rental income.Rents range from $1,300 to $1,400 per unit, with upside potential to reach $1,500/month.Exterior improvements include newly replaced staircases and handrails on both the front and rear of the building, boosting both safety and curb appeal.The two ground-level units enjoy private, fenced yards with upgraded security gates with keypad access. A security gate has also been installed at the rear of the property, where tenants enjoy gated parking,two designated spaces per unit.This asset offers strong in-place cash flow and potential for increased income, making it a smart addition to any investor's portfolio.
Location
State CA
County Kern
Area Bksf - Bakersfield
Zoning R-4
Interior
Laundry Washer Hookup,Gas Dryer Hookup
Exterior
Pool None
Community Features Street Lights,Sidewalks
Building
Lot Description 2-5 Units/Acre
Story 2
Sewer Public Sewer
New Construction No
Others
Acceptable Financing Cash,Conventional,1031 Exchange
Listing Terms Cash,Conventional,1031 Exchange
Special Listing Condition Standard