Active

1006 Princeton

Bakersfield CA, 93305

$1,350,000


$191.65 per sqft

Active

7,044 sqft

Residential

Built in 1958

Courtesy of Marc A Thurston with ASU Commercial

Located at 1006 Princeton in the desirable upper northeast Bakersfield neighborhood, this 10-unit property is near Bakersfield Junior College and the picturesque Panorama Bluff walking trails. Built in 1958 and featuring a mix of 5 spacious 2-bedroom/1-bath units and 5 comfortable 1-bedroom/1-bath units, the building offers approximately 7,044 square feet of rentable space. Recent upgrades include a new roof in late 2019 and freshly painted exterior, with additional amenities like covered parking accessed via the alley and an on-site laundry room. The property generates a gross scheduled income of $131,940 annually, with rents ranging from $979 to $1,415, making it an excellent investment opportunity. Asking Price: $1,350,000. Contact us today to learn more!

202500209

MLS ID

January 7, 2025

Listed

February 21, 2025

Updated

Interior Features

Total Stories

1


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.38 Acres

School Information

School District

Bakersfield City


High School

East


Elementary School

Noble, Myra A.

Other Property Details

Area Name

31


Days on Market

9


Garage

No


Parking

Carport


View

No


County

Kern


Pool

No

Listing History

Date

Event

Price

1/27/2025

Active

1/16/2025

Pending

Listed by ASU Commercial, Marc A Thurston,
Listing Contact: 661-889-6597 

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) of the Bakersfield Association of REALTORS®.  Real estate listings held by brokerage firms other than Nexus Real Estate are marked with the IDX logo and detailed information about them includes the name of the listing brokers. The information being provided is for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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