For sale at $690,000, this multi-family investment property located at 2804 N Half Moon Dr, Bakersfield, CA offers a prime opportunity for investors. Built in 1978, the property spans approximately 4,163 square feet and includes five units: one 3-bedroom, 2-bathroom unit and four 2-bedroom, 1-bathroom units. With a gross scheduled income of $63,360 and a gross rent multiplier of 10.81, there is significant upside potential in the current rent structure, making this an attractive proposition for maximizing rental income. Ideal for investors seeking long-term growth in a well-established neighborhood.
Courtesy of Marc A Thurston with ASU Commercial
Courtesy of Marc A Thurston with ASU Commercial
Provided Courtesy Of Bakersfield Association of Realtors.
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