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Description

Great Investment or Live-In Opportunity - Fully Rented Multi-Unit Gem in Downtown Bakersfield! Discover this fully-occupied 5-unit property perfectly situated in the heart of Downtown Bakersfield, close to restaurants, shops, and easy freeway access. The property includes two buildings on one lot: Front House (800 31st Street) - Charming single-family home with 2 bedrooms and 1 bath, built in 1935, featuring classic details and a welcoming front porch. Four-Plex (3111 Q Street) - Built in 1985, offering four spacious 2-bedroom, 1-bath units with great natural light and functional layouts. With all units currently rented and a combined monthly income of $5,720, this property provides immediate cash flow from day one. Whether you’re an investor seeking reliable rental income or a buyer looking to live in one unit and rent the rest, this property offers both stability and upside potential. Other highlights include: Lot size: 8,626 sq ft Total living space: 4,244 sq ft Convenient downtown location near major employers, schools, and transportation Separate addresses and established tenants A rare opportunity to own a multi-unit property in one of Bakersfield’s most accessible neighborhoods ideal for long-term income, house-hacking, or portfolio growth.

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MLS#: PW25253071
Listed By: Randy Bennett -
Randell Bennett, Broker - 7149873599-