$674,999

701 Woodrow Avenue , Bakersfield, CA 93308

 
Bedrooms:0 beds
Bathrooms:0 baths
Other:2,984 sqft
Lot:Unknown
Year Built:1938
Listing Status:Active

Listing Agent

Esteban Contreras
http://www.watsonrealty.com
Loan Amount:
Interest:
Term (Years):
Annual Tax:
Monthly Principal + Interest:$
Monthly tax: $
Total Payment:$

These amounts are estimates and do not take into consideration other expenses such as PMI, etc.. This is only an estimate.

Description

We are honored to exclusively bring to market this turnkey 5-unit multifamily investment with massive upside. Offering +/- 3,500 SF of rentable space, this property delivers strong cash flow, minimal maintenance, and a clear path to higher returnsa perfect fit for 1031 exchange buyers and long-term investors looking for a plug-and-play asset with built-in value-add potential. The heavy lifting is donewith $200K+ in renovations, four of five units are fully remodeled, plus a new sewer line, updated plumbing, and electrical upgrades keep maintenance costs low. It's 100% occupied, generating immediate cash flow, while below-market rents create room for serious income growth. The unrenovated 3-bedroom house offers a major opportunity to push rents even higher, with the potential to add an extra $400-$500/month in income once upgraded. This is a prime value-add opportunity, with 30%+ rental upside already built inready for the right investor to unlock its full potential!

Detailed Items

Other Information

701 Woodrow Avenue, Bakersfield, CA, 93308 is a other listing of 2,984 sqft on a lot of Unknown. This other listing has 0 bedrooms, and 0 baths. The map for this location can be viewed on Google maps at Google maps to property701 Woodrow Avenue, Bakersfield, CA
Copyright © 2025 Bakersfield Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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