Bakersfield, CA 93307,139 Dr Martin Luther King Jr Boulevard
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$ 565,000
Est. payment | /mo

2 Beds

2 Baths

10,066 Sqft Lot


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$ 565,000
Est. payment | /mo
Save

2 Beds

2 Baths

10,066 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID DW25001243

Bedrooms 2

HOA Y/N No

Lot Size 10,066 Sqft

Property Description

Fantastic Investment Opportunity in Downtown Bakersfield Welcome to 139 Martin Luther King Blvd, a prime 4-unit multi-family property located in the heart of Bakersfield. This fully updated investment gem features four spacious units, each offering 2 bedrooms and 1.5 bathroomsideal for tenants seeking comfortable and modern living spaces. Nestled in the vibrant downtown area, this property is within walking distance to Bakersfield College, public transportation, and a variety of local amenities, making it a highly desirable location for renters. Key Features: Turnkey Property: All four units are fully updated, ensuring low maintenance and modern appeal. Reliable Tenants: Currently leased to the Bakersfield Housing Authority under their hassle-free program, providing consistent and dependable income. Ample Parking: The property boasts an abundance of parking spaces, a rare find in downtown Bakersfield. ADU Potential: With room to add two Accessory Dwelling Units (ADUs), this property offers incredible potential to increase rental income. This is a rare opportunity to own a solid, income-generating property in one of Bakersfield's most sought-after neighborhoods. Whether you're a seasoned investor or just starting your portfolio, 139 Martin Luther King Blvd is a smart addition to any real estate portfolio. Don't miss outschedule your showing today and secure this outstanding investment!
Fantastic Investment Opportunity in Downtown Bakersfield Welcome to 139 Martin Luther King Blvd, a prime 4-unit multi-family property located in the heart of Bakersfield. This fully updated investment gem features four spacious units, each offering 2 bedrooms and 1.5 bathroomsideal for tenants seeking comfortable and modern living spaces. Nestled in the vibrant downtown area, this property is within walking distance to Bakersfield College, public transportation, and a variety of local amenities, making it a highly desirable location for renters. Key Features: Turnkey Property: All four units are fully updated, ensuring low maintenance and modern appeal. Reliable Tenants: Currently leased to the Bakersfield Housing Authority under their hassle-free program, providing consistent and dependable income. Ample Parking: The property boasts an abundance of parking spaces, a rare find in downtown Bakersfield. ADU Potential: With room to add two Accessory Dwelling Units (ADUs), this property offers incredible potential to increase rental income. This is a rare opportunity to own a solid, income-generating property in one of Bakersfield's most sought-after neighborhoods. Whether you're a seasoned investor or just starting your portfolio, 139 Martin Luther King Blvd is a smart addition to any real estate portfolio. Don't miss outschedule your showing today and secure this outstanding investment!

Location

State CA

County Kern

Area Bakersfield (93307)

Zoning Assessor

Building

Lot Description Sidewalks

Story 1

Lot Size Range 7500-10889 SF

Level or Stories 1 Story

Others

Monthly Total Fees $198

Acceptable Financing Conventional, FHA

Space Rent $1,198

Listing Terms Conventional, FHA

San Diego Regional MLS (SDMLS)
Listed by Joshua Glaz • The Ave
agent-avatar

+1(858) 449-4970

ray@shayrealtors.com

16611 Dove Canyon Rd., Diego, California, 92127, United States

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139 Dr Martin Luther King Jr Boulevard