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$ 449,000
Est. payment | /mo
6,908 Sqft Lot
$ 449,000
Est. payment | /mo
6,908 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW26124904
HOA Y/N No
Year Built 2020
Lot Size 6,908 Sqft
Property Sub-Type Duplex
Property Description
MOTIVATED SELLER. All serious offers considered.
Welcome to 2207 Monterey St, a 2020-built duplex offering the perfect blend of modern living and immediate income potential in Bakersfield's desirable Hillcrest neighborhood.
This well-maintained property features two units, with one unit currently tenant-occupied providing steady rental income from day one, and one unit vacant giving the new owner the rare flexibility to either move in and enjoy owner-occupied living while your tenant helps cover the mortgage or place a new tenant at full current market rent and maximize your cash flow immediately.
Built in 2020, this newer construction comes with the peace of mind that older properties simply can't offer. Updated systems, and years of reduced maintenance costs ahead. The property also features a private gated entrance providing added security and privacy for both you and your tenants, along with 4 dedicated parking spaces to accommodate all residents comfortably.
Perhaps most exciting is the additional space and R3 zoning that offers a genuine opportunity to expand, whether that means adding a third unit, an ADU, or additional improvements to further increase the property's value and income potential. Buyers are encouraged to verify development options with the City of Bakersfield Planning Division.
Conveniently located near Vallarta Supermarket, restaurants, retail, and everyday amenities in one of Bakersfield's strongest rental demand corridors, this property is as well-positioned as it gets for long-term appreciation and cash flow.
The seller is motivated and this one needs to move quickly. Don't miss your window on this turnkey investment opportunity. Call today and make your offer.
Welcome to 2207 Monterey St, a 2020-built duplex offering the perfect blend of modern living and immediate income potential in Bakersfield's desirable Hillcrest neighborhood.
This well-maintained property features two units, with one unit currently tenant-occupied providing steady rental income from day one, and one unit vacant giving the new owner the rare flexibility to either move in and enjoy owner-occupied living while your tenant helps cover the mortgage or place a new tenant at full current market rent and maximize your cash flow immediately.
Built in 2020, this newer construction comes with the peace of mind that older properties simply can't offer. Updated systems, and years of reduced maintenance costs ahead. The property also features a private gated entrance providing added security and privacy for both you and your tenants, along with 4 dedicated parking spaces to accommodate all residents comfortably.
Perhaps most exciting is the additional space and R3 zoning that offers a genuine opportunity to expand, whether that means adding a third unit, an ADU, or additional improvements to further increase the property's value and income potential. Buyers are encouraged to verify development options with the City of Bakersfield Planning Division.
Conveniently located near Vallarta Supermarket, restaurants, retail, and everyday amenities in one of Bakersfield's strongest rental demand corridors, this property is as well-positioned as it gets for long-term appreciation and cash flow.
The seller is motivated and this one needs to move quickly. Don't miss your window on this turnkey investment opportunity. Call today and make your offer.
Location
State CA
County Kern
Area Bksf - Bakersfield
Interior
Fireplace No
Laundry Inside
Exterior
Parking Features Concrete
Pool None
Community Features Curbs
Private Pool No
Building
Lot Description Lawn, Paved
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 1374100300
Acceptable Financing Cash, Cash to Existing Loan, Conventional
Listing Terms Cash, Cash to Existing Loan, Conventional
Special Listing Condition Standard
Listed by Noe Reyes KASE Real Estate 323-519-8649, DRE #02087088
NEARBY SCHOOL & BUSINESS
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