$582,000

$582,000

Est. $3,853/mo · 20% down · 6.5% · 30yr

605 Lincoln, Bakersfield, CA, 93308

Active
0beds
2,340sqft
6,534lot sqft
1950built
33 days on market

About this home

Investment Opportunity is knocking! Welcome to this well maintained quadruplex located at 605 Lincoln Ave in Bakersfield. This versatile property has been thoughtfully updated with numerous upgrades, offering both comfort and income potential. The front house features a spacious 2 bedroom, 1 bath layout, complete with its own private 2 car garage perfect for an owner occupant seeking privacy and convenience. Behind the main home, you'll find three additional 1 bedroom, 1 bath units. Each unit includes a comfortable living room, functional kitchen, and a cozy dining area, making them highly desirable for tenants. Units A and B are located upstairs and enjoy access to covered parking, while Unit C is situated downstairs with convenient alley access. Whether you're looking to live in the front and generate rental income from the back units, or expand your investment portfolio, this property offers excellent flexibility and strong income potential.

Property Details

💰

$582,000

Price

🛏

0 bd

Bedrooms

📐

2,340 sqft

Living Area

🌿

6,534 sqft

Lot Size

🏗️

1950

Year Built

🏠

4 Units

Type

📅

33 days

Days Listed

✓ Active ListingBakersfield, CA 93308

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Loan Type

Loan Term

$582,000
%
3%50%
$29,100 down
%
3%12%
%
$
$

Total Monthly (PITI+MI)

$4,424

Principal · Interest · Taxes · Insurance · MI

Principal & Interest$3,495
Property Taxes / mo$606
Home Insurance / mo$120
PMI (Mortgage Insurance)$203
Total Est. Payment$4,424
LTV95.0% · MI Required
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Neighborhood Snapshot

Bakersfield · 93308

Market Stats

Active Listings

262

ZIP 93308

Median List Price

$310K

ZIP 93308

Avg Days on Market

91

Bakersfield avg

Sale / List Price

97.9%

avg ratio

Nearby Schools

🏫 Elementary

Jefferson Elementary School

🏫 Middle School

Washington Middle School

Grades 6-8

🏫 High School

East Bakersfield High School

🏫 School

College Heights School

Nearby Amenities

🛒 Grocery

  • Albertsons
  • Foods Co

🌳 Park

  • Mayflower Park
  • Heritage Park
  • Kern River Parkway Park

605 Lincoln, Bakersfield, CA, 93308

Listed by: Tony Camacho, Evergreen Realty & Associates, Inc

Based on information from CRMLS. All data is obtained from various sources and has not been verified. Full disclaimer

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