For Sale

Listed by Noe Figueroa

Source: Bakersfield Association of Realtors #202012400

110 Madison Street, Ford City, CA, 93268

$87,000

2
1
0.16 ac.

SingleFam

30+ days on the market

What's around 110 Madison Street

About this property

Priced BELOW county assessors taxable value for a super fast sale! You heard that correct, the assessed value is $100K! Excellent opportunity for those that want to buy it and live in it or for the super savvy investors who can do the math and know how tight the rental market is and how quickly rental houses are snatched up with very strong and stable rents. House is in great condition and with no expected issues getting a conventional bank loan on this property. However, property is priced to make it attractive to all cash offers. Fantastic neighborhood with plenty of shade trees. Plenty of nearby shopping. Interior pictures and video is available upon request. This is the absolutely most attractively priced home in Taft! A mortgage on a house in this price range would be less than $350 while rent on something like this should bring in over $800! Would you rather rent it for $800 or own it for $350? Seller financing may be possible with large down payment!

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