509 Lincoln Street $265,000

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    509 Lincoln Street Bakersfield, CA 93305

    • 0 Beds
    • 0 Baths
    • 1,512 sq. ft.
    • Multi-Family
    • MLS# 202401378
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    Views: 1 Days On Site: 13

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    Property Details

    Investment Opportunity Alert! Prime Bakersfield location! This duplex on 509 Lincoln Ave, CA 93305, boasts a 2-bed + bonus room, 1-bath unit in the front and a separate 1-bed, 1-bath unit in the rear. Currently generating rental income with the rear unit leased at $640/month. The front unit is vacant, offering potential for increased returns or owner occupancy. Don't miss out on this chance to add to your investment portfolio in a desirable neighborhood. Ideal for savvy investors or owner-occupants looking for rental income. Grab this gem before it's gone!

    • General Features
      • Property Subtype 1 2 homes on 1 Lot
      • County Kern
      • Disclosures None of the Above
      • Annual Gross Income 25800.00
      • Annual Net Income 15480.00
      • Total Number of Unit 2
      • Total Annual Expense 10320.00
      • Year Built 1924
    • Building Features
      • Stories 1
      • Square Footage 1512.00
    • Property Features
      • Lot Square Footage 7404.00
      • Lot Measurement SqFt
      • Parking Uncovered
      • Number of Garages 0
      • Number of Parking Spaces 0.00
    • Schools
      • Elementary Districts Bakersfield City
      • Jr High School Stiern, Walter
      • Elementary School Jefferson_Bak
      • Sr High School Highland

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    Neighborhood

    93305 (Bakersfield) Demographics

    28 Median Age
    6,518 Population Density (per sq. mile)
    13% College Educated
    $31,739 Estimated Median Income
    3,840 Estimated Total Home Owners
    7,219 Estimated Total Renters
    35% / 65% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    38,682 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $250,000 Median Sales Price
    9 Homes Sold
    26 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $265,000
        2/9/2024 3:21:00 PM New in Database Source: Multiple Listing Service New Value: $265,000

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        The data relating to real estate for sale on this website is provided in part by Bakersfield Association of Realtors. Information deemed reliable but not guaranteed. The property information provided on this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. ©2024 All rights reserved.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.