3920 Stockdale Hwy, Bakersfield, CA 93309

Great Turn key Investment Property that's professional managed with high cash flow and low maintenance cost. 3920 Stockdale Hwy, 93309 APN# 020-303-13-00-2 Built 1959 ( remodeled 2016-2017) ( solar 2020) 2067sqft A. $2,500.00 1 year lease 11/01/21-10/31/22 B. $950.00 1 year lease 10/01/21-09/31/22 C. $850.00. 1 year renewal to 07/30/22 ( all units above the utilities are included in rent ). Monthly income $4,300.00 Monthly expense: $210.00 1. Water $50 2. PG&E ( paid solar 2020 ) $10 3. PM $150.00 Yearly bills: 1. 2021 Property tax: $3,148.88 2. Insurance : $940.00 1. Yearly monthly income $51,600 2. Yearly expenses -$6,398.88 3.Net yearly operating income $45,201.12 NOI $45,201.12 List price $590,000.00 Cap rate 7.661%