531 Kentucky St.

$424,999

6 units | 2 Beds | 1 Bath | 750 sqft

Here's your opportunity to own a six-unit apartment complex in a location with strong rental demand. Each unit features two bedrooms and one bathroom with approximately 750 square feet of space. The building needs work, but the bones are solid and the potential is clear. Two units have had fires and need fire restoration, one unit needs an AC, two units need electrical, and the units need paint, flooring, and some plumbing. With the right updates, each unit could easily rent for around $1,100 per month, offering a healthy return on investment. All units offer a simple, functional layout that tenants love. This is a great chance for a savvy investor or contractor looking for their next rehab project. Whether you're looking to fix and flip or renovate and hold for cash flow, this property gives you options.

The property is being sold as-is, cash only, and is priced to reflect the condition.

Listed by: Nikolas Boone DRE #01892266 661-679-3854 | sales@ascendbakersfield.com | Ascend Real Estate and Property Management | Source: Bakersfield AOR,MLS#: 202502089