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1218 King ST Bakersfield, CA 93305
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Key Details
Sold Price $77,900
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,134 sqft
Price per Sqft $68
MLS Listing ID CV14121811
Bedrooms 3
Full Baths 1
Year Built 1912
Lot Size 3,005 Sqft
Property Description
***Investment Property *** 3 bedroom 1 bath home with tenant in place. Cash on Cash Return = 9.5%. Operating Expenses at 18% as no maintenance required. Annual Gross Rent is 8.3. Property has New HVAC unit with 5 year warranty, New Hot Water Heater, New Bathroom, and 50% of plumbing has been retrofitted to copper. Tenant wishes to stay, been there 2 years paying $800 per mo. Property is SFR (Single Family Residence) on Commercial/Industrial Zoning.
Location
State CA
County Kern
Area Bksf - Bakersfield
Interior
Heating Central
Cooling Central Air
Fireplaces Type None
Exterior
Fence Block
Pool None
Community Features Suburban
Utilities Available Sewer Connected
View Y/N No
View None
Roof Type Composition
Building
Story One
Foundation Slab
Water Public
Others
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
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Bought with JOSEPH LOPEZ • FIRST CLASS PROPERTIES