6512 Mohawk St, Bakersfield, CA 93308

This fourplex is in NW Bakersfield is less than 10 minutes from the new industrial parks that house Amazon and other major employers. The property features a 3 bedroom / 1.75 bath unit, and 3 - 2 bedroom / 1 bath units that were built in 1982. The property includes a laundry room, 1 garage and plenty of uncovered parking spaces at the rear of the property. 3 of the 4 units are occupied by long term residents, which offer immediate upside in rents. Rents range from $625 - $1095 for a gross scheduled rent of $39,840. The Bakersfield multifamily market has strong fundamentals with only 1.78% vacancy rate and a 3rd quarter rent growth of 3.15%.