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Listed by Martin Gonzalez, DRE #01204139 • Realty Executives All Cities
$ 595,000
Est. payment /mo
New
3601 Micheli CT Bakersfield, CA 93309
10,139 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRRS26094191
Year Built 1974
Lot Size 10,139 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
Don't miss this strong income-producing 4-unit multifamily opportunity located in a desirable Southwest Bakersfield neighborhood. Offered at $595,000, this well-maintained property was built in 1974 and features a highly desirable unit mix of four (4) 2-bedroom, 1-bath units, totaling approximately 3,136 square feet. The property is currently generating $4,935 per month ($59,220 annually) in gross rental income, offering immediate cash flow for investors. With solid in-place rents and continued demand for rental housing in the area, this asset provides both stability and long-term upside potential. Each unit offers functional layouts that attract and retain tenants, contributing to consistent occupancy. The property's configuration and location make it ideal for both seasoned investors looking to expand their portfolio and newer investors seeking a reliable entry into multifamily ownership. With Bakersfield continuing to experience growth and affordability-driven demand, this income property is a high-performing asset with strong income fundamentals and the potential for future rent growth.3601 Micheli and 3600 Micheli are being sold simultaneously by the same owner. The owner prefers to sell both properties at the same time.
Location
State CA
County Kern
Area Bksf - Bakersfield
Interior
Heating Central Forced Air
Cooling Central AC
Laundry Laundry Area
Exterior
Pool None
Building
Water District - Public
Others
Tax ID 44115125009
Special Listing Condition Not Applicable
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