Fantastic income-producing property featuring two separate units with reliable tenants already in place. The front home offers 3 bedrooms and 2 bathrooms, providing a spacious and comfortable layout for long-term occupancy. The back unit has been newly remodeled and features 2 bedrooms and 1 bathroom, and aproximatly 750sq feet showcasing updated finishes and modern appeal. Both units are currently occupied by good tenants, making this an excellent turnkey investment with immediate cash flow. Conveniently located and well-maintained, this property offers a great opportunity for investors looking to expand their portfolio or owner-occupants seeking supplemental rental income.
Features
5 bedrooms
3 bathrooms
crop_free6969 sq. ft. lot size
cottageMulti-Family
Property history for 1724 Terrace Way
2022
Sold
$255,000
29 Nov 2022 by George Hernandez, of Performance Realtors, Inc
2018
Sold
$166,000
20 Jun 2018 by Joseph Ferman, of Metropolitan Real Estate
Happy sellers in Bakersfield
70%
sentiment_satisfied
70% of sellers in Bakersfield reported that their sale price either exceeded or met their price expectations.
Bakersfield stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.
This is based on voluntary sentiment collected from 8 reviews in Bakersfield over the last 12 months.
Local market activity for 5 bedroom multi families in Bakersfield
Sold
For Sale
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