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$ 449,000
Est. payment | /mo
3 Beds
2 Baths
6,909 Sqft Lot
$ 449,000
Est. payment | /mo
3 Beds
2 Baths
6,909 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW26124904
Bedrooms 3
Lot Size 6,909 Sqft
Property Sub-Type Res Income 2-4 Units
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 ne
Location
State CA
County Kern
Zoning Public Rec
Direction Exit Mt Vernon Ave off of HWY 58
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 1374100300
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Noe Reyes, DRE#02087088 KASE Real Estate
NEARBY SCHOOL & BUSINESS
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