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2508 Ashe Road — Bakersfield | Belmont Brokerage

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$850,000

13,503 sqft lot|1978 Built|0 DOM

2508 Ashe Rd, Bakersfield, CA 93309

Property Description

2508 Ashe Road is a well maintained five-unit multifamily property in a desirable Southwest Bakersfield location. Built in 1978, the property is in good condition and has a stable, reliable tenant mix. Vacant units rent very fast given the desirable area and central location. The unit mix includes four 2- bedroom x1bath units and one 3-bedroom unit. Each unit has in-unit laundry, central heating, and air conditioning. The property also includes five separate garages, with one garage attached to the three bedroom unit. Some rents are below market, providing a clear opportunity to increase income. California generally permits annual rent increases of 5% plus inflation, up to a maximum of 10%, where applicable. This is a strong income producing property with good tenants, desirable features, and room for future rental growth.

Listing provided by: Karine HaneyanDRE #02100210818-246-1099 Karinehaneyanjh@gmail.com, JohnHart Real Estate

MLS #: GD26191747