$1.02M

$1.02M

Est. $6,784/mo · 20% down · 6.5% · 30yr

1607 Palm Drive, Bakersfield, CA, 93305

Active
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0beds
5,917sqft
15,245lot sqft
1950built
59 days on market

About this home

One of the most updated, top-tier managed 10-unit buildings coming on the market in some time. The East Bakersfield offering consists of two 2-bedroom units, and eight 1-bedroom units, fully occupied, modern dual-pane windows, updated exterior paint, beautiful grounds. Owner takes pride in providing a quality living experience for their tenants that has led to happy long-term residents. The 2-bedroom units rent in the $1291-1522 range, and the 1-bedroom units rent in the $744-1194 range. The cap rate is 7.7%.

Property Details

💰

$1.02M

Price

🛏

0 bd

Bedrooms

📐

5,917 sqft

Living Area

🌿

15,245 sqft

Lot Size

🏗️

1950

Year Built

🏠

5 - 10 Units

Type

📅

59 days

Days Listed

✓ Active ListingBakersfield, CA 93305

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Loan Type

Loan Term

$1,025,000
%
3%50%
$51,250 down
%
3%12%
%
$
$

Total Monthly (PITI+MI)

$7,700

Principal · Interest · Taxes · Insurance · MI

Principal & Interest$6,155
Property Taxes / mo$1,068
Home Insurance / mo$120
PMI (Mortgage Insurance)$357
Total Est. Payment$7,700
LTV95.0% · MI Required
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Neighborhood Snapshot

Bakersfield · 93305

Market Stats

Active Listings

127

ZIP 93305

Median List Price

$339K

ZIP 93305

Avg Days on Market

93

Bakersfield avg

Sale / List Price

297.8%

avg ratio

1607 Palm Drive, Bakersfield, CA, 93305

Listed by: Phil M Jordan, Keller Williams Realty

Based on information from CRMLS. All data is obtained from various sources and has not been verified. Full disclaimer

ER

EC Rosa Jr

Realtor® · DRE #02084272

Contact EC directly about this property.

Call EC directly

6614960316

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