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MULTI_FAMILY - Bakersfield, CA
Exceptional investment opportunity in Bakersfield! Located at 12119 Edison Hwy, this fully tenant-occupied 5-unit multi-family property generates just under $5,000/month in gross rents, offering strong cash flow from day one. Priced at $479,999.00 featuring (1) 2 bed 1 bath house and (4) 1 bed 1 bath houses totaling approximately 2,397 sq. ft. Current rents range from $690 to $1,250 generating a gross scheduled income of $58,392 per year, with significant upside potential as rents are well below market. This income-producing asset features long term tenants, solid rental history, and immediate returns. A perfect addition to any growing portfolio in a consistently high-demand rental market with excellent potential for continued value growth.
Copyright © 2025 Bakersfield Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but...
Copyright © 2025 Bakersfield 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.
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