$86,000
$89,900
4.3%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
1 Bath
1,388 SqFt
SOLD DATE : 04/12/2018
Key Details
Sold Price $86,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,388 sqft
Price per Sqft $61
MLS Listing ID CV17271459
Sold Date 04/12/18
Bedrooms 3
Full Baths 1
HOA Y/N No
Year Built 1925
Property Description
Single-family residence in prime rental area. 8.3% Cap Rate & 8.2% Cash on Cash Return. Tenant has been renting for six years and would like to continue to stay. Last Rent increase was January 2017 to $800 per month. Newly installed HVAC dual pack system on April 2017. New ceramic tile flooring in kitchen, new paint, November 2017. New laminate hardwood floors in hallway, living room and family room, November 2017. New ceiling fans, and partial new double pane windows. Originally built as a 2 bedroom, Home being used as a 3 bedroom 1 bath with 1,388 square foot of living space on a 7,405 square foot lot with alley access. Washer & Dryer in rear porch and tenant pays ALL utilities. Bathroom remodeled Feb 2018
Location
State CA
County Kern
Area Bksf - Bakersfield
Rooms
Main Level Bedrooms 3
Ensuite Laundry Electric Dryer Hookup, Gas Dryer Hookup, Inside
Interior
Laundry Location Electric Dryer Hookup,Gas Dryer Hookup,Inside
Heating Forced Air
Cooling Central Air
Flooring Carpet, Laminate, Tile
Fireplaces Type None
Fireplace No
Laundry Electric Dryer Hookup, Gas Dryer Hookup, Inside
Exterior
Garage Uncovered
Fence Chain Link
Pool None
Community Features Suburban
View Y/N Yes
View Neighborhood
Roof Type Composition
Parking Type Uncovered
Total Parking Spaces 6
Private Pool No
Building
Lot Description Front Yard, Yard
Story 1
Entry Level One
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Schools
School District Other
Others
Senior Community No
Tax ID 0162900800
Acceptable Financing Cash
Listing Terms Cash
Financing Private
Special Listing Condition Standard
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Bought with JOSEPH LOPEZ • MGL PROPERTIES
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "