4200 Columbus, Bakersfield, CA 93306

Property Description

4200 Columbus - Introducing 4200 Columbus, a prime investment opportunity listed at $1,800,000. This well-maintained 15-unit property, built in 1968, features ten spacious 2-bedroom/1-bath units and five 1-bedroom/1-bath units, offering a solid mix to attract diverse tenants. Current rents range from $925 to $1,470, presenting potential for future growth. The property boasts desirable amenities, including carports, a swimming pool, and an on-site laundry room, enhancing tenant satisfaction and retention. With a favorable Gross Rent Multiplier of 8.16, this is a compelling addition to any investor's portfolio.