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2207 Monterey Street

Bakersfield, CA 93306
  • $420,000
  • STATUS: Active
  • ON SITE: 52 Days
  • ID#: 202401882
$420,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,920
    SQFT
  • $219
    $/SQFT
Neighborhood:
32
Type:
Multi-Family
Built:
2020
County:
Area:
32

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Discover a modern duplex built in 2020,which makes it excempt from Rent Control Laws, featuring 3 bedrooms and 2 bathrooms in each unit, complete with convenient inside laundry facilities. Currently, rents are significantly below market due to long-term, responsible tenants, presenting a prime opportunity for immediate rental income growth. This property offers flexibility as an ideal investment; you can choose to live in one unit and rent out the other for additional income or capitalize on both units as rental properties. Furthermore, it qualifies for all types of Financing including FHA, making it an accessible option for those looking to dive into real estate investment or find a unique living situation. Don't miss out on this versatile property with untapped income potential.see it today!!

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Information deemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2024. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Infinity Real Estate Services or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2024-04-03T23:31:38.88.
www.kerncountyhouse.com/homes/148077772
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2207 Monterey Street Bakersfield, CA 93306

  • Price: $420,000
  • Status: Active
  • On Site: 52 Days
  • ID#: 202401882
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1,920
SQFT
$219
$/SQFT
2020
Built
Neighborhood:
32
County:
Kern
Area:
32
Elementary School:
Mann, Horace
Middle School:
Stiern, Walter
High School:
East
School District:
Bakersfield City
Property Description
Discover a modern duplex built in 2020,which makes it excempt from Rent Control Laws, featuring 3 bedrooms and 2 bathrooms in each unit, complete with convenient inside laundry facilities. Currently, rents are significantly below market due to long-term, responsible tenants, presenting a prime opportunity for immediate rental income growth. This property offers flexibility as an ideal investment; you can choose to live in one unit and rent out the other for additional income or capitalize on both units as rental properties. Furthermore, it qualifies for all types of Financing including FHA, making it an accessible option for those looking to dive into real estate investment or find a unique living situation. Don't miss out on this versatile property with untapped income potential.see it today!!
Exterior Features

Garages 0 Parking Uncovered Parking Spaces 4.00

Property Features

Annual Gross Income 24840.00 Annual Net Income 18940.00 Cap Rate 0.05 Disclosures None of the Above Multifamily Type Duplex Total Annual Expense 5900.00 Vacancy Factor 2.00

Listing courtesy of Efrain Bobadilla of Agentcor-Big Block Realty: .


Information deemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2024. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Infinity Real Estate Services or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2024-04-03T23:31:38.88.
 
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Infinity Real Estate Services
900 Truxtun Avenue Suite #230
Bakersfield CA, 93301