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Fantastic Investment Opportunity in Downtown BakersfieldWelcome 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 bathrooms—ideal 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 out—schedule your showing today and secure this outstanding investment!
Last Updated | 1/3/2025 | Year Built | 1983 |
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Community | Bakersfield | County | Kern |
Additional Details
AREA | Bakersfield |
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HOA DUES | 0 |
LOT | 10066 sq ft |
LOT DESCRIPTION | 0-1 Unit/Acre |
POOL DESCRIPTION | None |
SEWER | Public Sewer |
STORIES | 1 |
WATER | Public |
Location
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