Description
404 Covey Avenue,
Bakersfield,
CA
93308
3 detached homes on one lot! Each home has its own dedicated parking next to the unit, enough for 2 large vehicles. All units occupiedm Paid for solar panels for each house means tenants get power credit and very low electric bills as solar is owned outright, NOT a lease or PPA. Total rent per month from the 3 occupied units is $4875. Faux wood ceramic tile flooring throughout, Durable construction materials all tile roofing. All units have built in dishwashers, stove/oven, microwave. Square footage living area approx 1058 sf per unit, 3174 total sf. Pro forma Cap Rate based on expense ration of 25% of annual rent 6.1 % at list price $699k
This is an Active listing.
Broker Office Phone Number: 661-282-8980
Copyright © 2024Bakersfield Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Listing By: Miramar International-Riverwalk via Data Source: Bakersfield Association of Realtors
Price History
| date | price | variance | type |
|---|
| 10/24/2024 | $699,000 | 4.12 % | decreased |
| 9/11/2024 | $729,000 | - | Listed |
listing agent: Robert Murray
