4320 Columbus St, Bakersfield, CA 93306

Property Description

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.