220 Plymouth Avenue

    Bakersfield, CA 93308
    • $290,000
    • STATUS: Active
    • ON SITE: 36 days
    • ID#: SR20013994
    UPDATED: 62 min ago
    $290,000
    • 0
      BEDS
    • 0.51
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,700
      SQFT
    • $107
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1937
    County:

    School Ratings & Info

    Description

    We are please to present this 5 unit multi-family property located at 220 Plymouth Ave in Bakersfield California. The property has an excellent unit mix of five detached (5) one (1) bedroom, one (1) bathroom cottages, with individual garages and small yards. The offering is situated on a 22,150 sq.ft. lot with 2700 square feet of gross rentable area. With approximately 25% upside in rents, this investment provides a savvy investor the opportunity to raise rents to market to achieve greater cash-flow.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-02-27T19:34:24.91. 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 deemed reliable but is not guaranteed accurate by the MLS or The Costantino Group | Cal American Homes and Realty. Licensed in the State of California, USA.

    www.livelovethefoothills.com/homes/102451236

    220 Plymouth Avenue Bakersfield, CA 93308

    • Price: $290,000
    • Status: Active
    • Updated: 62 min ago
    • ID#: SR20013994
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.51
    Acres
    2,700
    SQFT
    $107
    $/SQFT
    1937
    Built
    Neighborhood:
    BKSF - Bakersfield
    County:
    Kern
    Area:
    BKSF - Bakersfield
    Property Description
    We are please to present this 5 unit multi-family property located at 220 Plymouth Ave in Bakersfield California. The property has an excellent unit mix of five detached (5) one (1) bedroom, one (1) bathroom cottages, with individual garages and small yards. The offering is situated on a 22,150 sq.ft. lot with 2700 square feet of gross rentable area. With approximately 25% upside in rents, this investment provides a savvy investor the opportunity to raise rents to market to achieve greater cash-flow.
    Exterior Features

    Architectural Style Cottage Garage Spaces 6.00 Lot Features 0-1 Unit/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Total 6.00 Pool Features None Pool Private YN No Property Attached YN No Roof Composition

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Cooling Evaporative Cooling Cooling YN Yes Laundry Features None Levels One

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cap Rate 6.55 Community Features Suburban Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gardener Expense 950.00 Gross Income 33900.00 Gross Multiplier 11.60 Gross Scheduled Income 33900.00 Insurance Expense 1080.00 Land Lease YN No Laundry YN No Maintenance Expense 2500.00 Net Operating Income 19022.00 New Construction YN No New Taxes Expense 6387.00 Number Of Separate Electric Meters 5 Number Of Separate Gas Meters 5 Number Of Separate Water Meters 5 Number Of Units Leased 5 Operating Expense 13861.00 Professional Management Expense 1644.00 Property Condition Repairs Cosmetic Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Expenses 13891.00 Trash Expense 300.00 Vacancy Allowance Rate 3.00 Water Sewer Expense 1000.00 Water Source Public Year Built Source Assessor Zoning R-2

    Listing provided courtesy of Levon Barrison of Infinity Real Estate Services


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-02-27T19:34:24.91. 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 deemed reliable but is not guaranteed accurate by the MLS or The Costantino Group | Cal American Homes and Realty. Licensed in the State of California, USA.

     
    The Costantino Group | Cal American Homes and Realty
    405 West Foothill Blvd Suite 203
    Claremont CA, 91711