$300,000
Sqft:
2,114
Sqft lot:
4,791
Acre lot:
0.11
11 Days On Market -
Courtesy of Moiz Lakdawala, Keller Williams Realty 152517317
Status:
Activeundercontract
Property Type:
2 Homes On 1 Lot
Year Built:
1982
Days On Website:
11
Description
Absolute gem in the foothills of Taft up for grabs. Two homes on one parcel, ready for you to just put the tenants in and collect premium rents. This fantastic opportunity has potential to bring in promising returns; cap rate of 11.7% and 8.4% GRM. Both units have been updated with beautiful waterproof vinyl plank flooring, fresh paint, baseboards, new roof, comes equipped with kitchen appliances and HVAC was also replaced. Both units have laundry hookups, dedicated garages, and separate utility meters. Front House 1,330 sqft, single story, with 3 bedroom 2 bath, and can rent for $1,625 a month. Back house is 748 sqft with 2 bedrooms 1 bath (separate upstairs apartment), and can rent for $1,275 a month, with a combined monthly gross income of $2,900 a month, and $34,800 yearly gross rent. This is an amazing opportunity to add to your portfolio or you can live in one and rent the other one out. Put on your investor hat, call your realtor, and bring your checkbooks. This one won't last
Features
Listing
- Listed on 2024-11-12 00: 00:00
Location
- City: Taft
- ZIP code: 93268
- Area: 96
- County: Kern
Building
- Built in 1982
- 2,114 square feet
- 2 units
Garage
- 2 garages
Parking
- 2 parking spaces
- Garage
Lot
- Lot measurement: SqFt
- Lot is 4,791 square feet
Miscellaneous
- Annual gross income: $34,800
- Annual net income: $29,000
- Total annual expense: $5,800
Property Map
Map View
$300,000 - 309 North Street, Taft, CA 93268
Street View
Directions
309 North Street
Taft, CA 93268
City: Taft
Nearby Schools
Local Sales
Ryan Joyce
ryan@helpusellbakersfield.com
