113 Circle Drive Active

Bakersfield,CA 93308

$ 444000

- Bed

- Bath

1562 SqFt


Key Details

Property Type Multi-Family

Sub Type 2 homes on 1 Lot

Listing Status Active

Purchase Type For Sale

Square Footage 1,562 sqft

Price per Sqft $284

MLS Listing ID 202504752

Year Built 1946

Property Sub-Type 2 homes on 1 Lot

Property Description

Two detached units, fully updated and income-ready, located in a strong rental corridor of Bakersfield. The large front home is updated with modern flooring, an updated kitchen, and a spacious layout ideal for tenant retention. The rear home offers 2 bedrooms and a private yard, currently rented at $1,095/month. With 4-bedroom homes in this area renting for ~$2,700/month, this setup supports dual income potential. Estimated market rent: $3,800+/month. With a 20% down payment, your mortgage could be offset substantiallylive in one, rent the other, or lease both. Depreciation and long-term appreciation provide significant tax shelter and equity growth over time. Strong fit for 1031 exchange buyers or investors seeking steady returns with upside. Located near major employers, shopping, and transit. A practical addition to any investment portfolio.

Location

State CA

County Kern

Area 22

Exterior

Parking Features Uncovered

Building

Story 1

Schools

Elementary Schools Highland

Middle Schools Standard

High Schools North

School District Standard

Others

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