• Bakersfield, CA 93306

  • Single Family Home / REO Foreclosure

Property Details for null St, Bakersfield, CA 93306

Facts

Description

This is an REO, meaning this property has been foreclosed on because the owner couldn't meet their payments. The bank now owns this property. Most banks are not set up to own homes, and are often motivated to sell you the home at a discounted price.

Builders and Investors' special. Single family lot in a newer and very nice community. Community has pool and other amenities to enjoy by homeowner. Underground electricity and other utilities are few hundreds of feet away. Excellent investment for buy and hold investors or future homeowner who have plans of building custom home in a few years later. New owner has to wait for the developer to install electrical conduits and sewer line around the property before they can start to build on this lot. Sewer and utilities is about 300-600 ft away to the lot. Developer is on the completion stage of the remaining units in phase 1. Only couple of units are left unsold out of about 50 units (more or less) that they opened for sale on mid of last year. They are now selling at mid $300K. When lot is ready for building, price would be way higher. So take advantage of this great deal now. Investors and builders, we have 4 or more parcels available for sale in the area and we prefer to sell them in 1 LOT although we also welcome any offer for 1 or more parcels. If interested in all of them, please call me for complete listing. Submit an offer with most recent proof of funds and seller will respond as quickly as possible. Other APN's for sale : 531-356-08, 531-356-09 & 531,333-20.

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