$475,000

$475,000

Est. $3,144/mo · 20% down · 6.5% · 30yr

1724 Terrace Way, Bakersfield, CA, 93304

MLS# 202606260

Active
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1 / 11
5beds
3baths
1,635sqft
1948built
New listing

About this home

Fantastic income-producing property featuring two separate units with reliable tenants already in place. The front home offers 3 bedrooms and 2 bathrooms, providing a spacious and comfortable layout for long-term occupancy. The back unit has been newly remodeled and features 2 bedrooms and 1 bathroom, and aproximatly 750sq feet showcasing updated finishes and modern appeal.Both units are currently occupied by good tenants, making this an excellent turnkey investment with immediate cash flow. Conveniently located and well-maintained, this property offers a great opportunity for investors looking to expand their portfolio or owner-occupants seeking supplemental rental income.

Property Details

💰

$475,000

Price

🛏

5 bd

Bedrooms

🚿

3 ba

Bathrooms

📐

1,635 sqft

Living Area

🏗️

1948

Year Built

🚗

0 car

Garage

🏠

Single Family Residence

Type

📅

New today

Days Listed

✓ Active ListingBakersfield, CA 93304

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Loan Type

Loan Term

$475,000
%
3%50%
$23,750 down
%
3%12%
%
$
$

Total Monthly (PITI+MI)

$3,632

Principal · Interest · Taxes · Insurance · MI

Principal & Interest$2,852
Property Taxes / mo$495
Home Insurance / mo$120
PMI (Mortgage Insurance)$165
Total Est. Payment$3,632
LTV95.0% · MI Required
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Neighborhood Snapshot

Bakersfield · 93304

Market Stats

Active Listings

157

ZIP 93304

Median List Price

$330K

ZIP 93304

Avg Days on Market

97

Bakersfield avg

Sale / List Price

97.9%

avg ratio

1724 Terrace Way, Bakersfield, CA, 93304

Listed by: Miguel A Hernandez, Diamond Realty Group, Open Door Real Estate

MLS#: 202606260

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

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