Multifamily
Bay Street Apartments
2400 Bay St, Bakersfield, CA 93301
Listing Price: $750,000
Investment Overview
Marcus & Millichap is pleased to present this two-story 5-plex located in Westchester of Bakersfield. Built in 1978, this (5) Unit Multi-Family complex is located at 2400 Bay Street Bakersfield, CA 93301 with an APN: 001-302-07-00-09.
The property has (5) highly desirable rental units. All units consist of 2 Bed / 1 Bath. Each unit has a kitchen, living room, and their own designated carport parking space with a storage closet. Each unit is separately metered for gas and electricity. Every unit is equipped with HVAC. (Some fairly new). Laundry facility on-site.
These units are new to the market and a great investment opportunity! They are located in one of Bakersfield’s strongest and highest rental markets in a highly sought-after area. Rarely does an investment opportunity come to the market in this area. If it does, the property is sold quickly. This geographic location is near schools, retail centers, downtown business district, and with easy access on/off Highway 99 and 24th St (Hwy 178). With its convenient location in Bakersfield, you are in the vicinity of
a very large rental pool.
Investment Highlights
- Location, Location, Location
- True Value Add-on Upside Potential
- Units are Well Maintained and Generally Full
- Located Near Downtown Retail, Eateries, and Schools
- Located in the Desirable Westchester Part of Bakersfield
- Located in a Very Strong Rental Market with High Rental Demand
Exclusively Listed By
Financing By
Listing Price: $750,000
Investment Highlights
- Location, Location, Location
- True Value Add-on Upside Potential
- Units are Well Maintained and Generally Full
- Located Near Downtown Retail, Eateries, and Schools
- Located in the Desirable Westchester Part of Bakersfield
- Located in a Very Strong Rental Market with High Rental Demand
Investment Overview
Marcus & Millichap is pleased to present this two-story 5-plex located in Westchester of Bakersfield. Built in 1978, this (5) Unit Multi-Family complex is located at 2400 Bay Street Bakersfield, CA 93301 with an APN: 001-302-07-00-09. The property has (5) highly desirable rental units. All units consist of 2 Bed / 1 Bath. Each unit has a kitchen, living room, and their own designated carport parking space with a storage closet. Each unit is separately metered for gas and electricity. Every unit is equipped with HVAC. (Some fairly new). Laundry facility on-site. These units are new to the market and a great investment opportunity! They are located in one of Bakersfield’s strongest and highest rental markets in a highly sought-after area. Rarely does an investment opportunity come to the market in this area. If it does, the property is sold quickly. This geographic location is near schools, retail centers, downtown business district, and with easy access on/off Highway 99 and 24th St (Hwy 178). With its convenient location in Bakersfield, you are in the vicinity of a very large rental pool.
Exclusively Listed By
Financing By
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