31
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$675,000
Est. payment /mo
4,400 SqFt
Price Dropped by $35K
131 Dr Martin Luther King Jr Boulevard Bakersfield, CA 93307
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UPDATED:
01/06/2025 02:34 PM
Key Details
Property Type Multi-Family
Sub Type 4 Units
Listing Status Active
Purchase Type For Sale
Square Footage 4,400 sqft
Price per Sqft $153
MLS Listing ID 202409557
Year Built 1983
Property Description
Investment Opportunity! This gated 4-unit complex offers steady cash flow with two fully-occupied duplexes. Each unit provides 3 bedrooms and 1.5 baths, featuring functional amenities like central AC/heat and in-unit laundry hookups. The property includes fenced front yards for added privacy and 8 uncovered parking spaces (2 for each unit) with a cinder block perimeter wall. Currently rented and cash-flow positive, this complex presents a straightforward entry into multifamily real estate. Ideal for investors looking to expand their portfolio with a no-frills, income-generating property. Potential space and opportunity to add additional units in the back of the lot.
Location
State CA
County Kern
Area 41
Exterior
Parking Features Uncovered
Parking On Site 7
Building
Story 2
Schools
Elementary Schools Fremont_Bak
High Schools Mira Monte
School District Bakersfield City
Listed by Rylan D Rozell • Lockhart Real Estate Advisors