3605 Micheli Ct in Bakersfield, CA, is a prime investment opportunity listed for $640,000. Built in 1974, the property features five 2-bed, 1-bath units across approximately 4,064 square feet. With a gross rent multiplier of 10.2 and a gross scheduled income of $62,760, this multi-family complex offers solid cash flow with room for rent growth. The asking rents present potential upside for investors seeking to maximize returns.
Sold
$640,000
3605 Micheli Ct, Bakersfield, CA 93309
--beds
--baths
4,064sqft
Multi Family
Built in 1974
-- sqft lot
$641,700 Zestimate®
$157/sqft
$-- Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: November 13, 2024 at 12:23pm
Listed by:
Marc A Thurston DRE #1099353 661-889-6597 thurston@asuassociates.com,
ASU Commercial
Bought with:
Marc A Thurston, DRE #1099353
ASU Commercial
Source: Bakersfield AOR,MLS#: 202409227
Facts & features
Interior
Interior area
- Total structure area: 4,064
- Total interior livable area: 4,064 sqft
Property
Parking
- Parking features: Open
- Has uncovered spaces: Yes
Features
- Levels: Two
Lot
- Size: 0.27 Acres
Details
- Parcel number: 44115124
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1974
Community & neighborhood
Location
- Region: Bakersfield
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$641,700
2% more+$12,834
With Zillow Showcase(estimated)$654,534