REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$995,000
Est. payment /mo
8 Beds
7 Baths
0.31 Acres Lot
UPDATED:
10/16/2024 10:38 AM
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV24213601
Bedrooms 8
HOA Y/N No
Lot Size 0.310 Acres
Property Description
We are pleased to exclusively offer for sale 331 Haybert Court, a rare find in the heart of the Bakersfield rental market. This meticulously maintained multi-family property features a charming 2-Bedroom/1-Bathroom single story cottage alongside five spacious 2-Bedroom/1.5-Bathroom Townhouse style units. Showcasing exceptional pride of ownership, the property is highlighted by modernized renovations throughout such as new flooring, kitchens, bathrooms and more, making it a turnkey investment. With a current Gross Rent Multiplier (GRM) of 9.56 and an impressive Cap Rate of 7.76%, this asset offers one of the highest returns available in the market. Each unit is equipped with individual washer/dryer hookups and utilizes a Ratio Utility Billing System (RUBS) for streamlined utility management, minimizing expenses for the owner. Tenants also appreciate private backyards, providing added privacy. Additionally, the extra space on the lot presents an opportunity for an Accessory Dwelling Unit (ADU)buyer to verify with the proper city authorities. Dont miss the chance to acquire a well-performing asset with significant growth potential.
We are pleased to exclusively offer for sale 331 Haybert Court, a rare find in the heart of the Bakersfield rental market. This meticulously maintained multi-family property features a charming 2-Bedroom/1-Bathroom single story cottage alongside five spacious 2-Bedroom/1.5-Bathroom Townhouse style units. Showcasing exceptional pride of ownership, the property is highlighted by modernized renovations throughout such as new flooring, kitchens, bathrooms and more, making it a turnkey investment. With a current Gross Rent Multiplier (GRM) of 9.56 and an impressive Cap Rate of 7.76%, this asset offers one of the highest returns available in the market. Each unit is equipped with individual washer/dryer hookups and utilizes a Ratio Utility Billing System (RUBS) for streamlined utility management, minimizing expenses for the owner. Tenants also appreciate private backyards, providing added privacy. Additionally, the extra space on the lot presents an opportunity for an Accessory Dwelling Unit (ADU)buyer to verify with the proper city authorities. Dont miss the chance to acquire a well-performing asset with significant growth potential.
We are pleased to exclusively offer for sale 331 Haybert Court, a rare find in the heart of the Bakersfield rental market. This meticulously maintained multi-family property features a charming 2-Bedroom/1-Bathroom single story cottage alongside five spacious 2-Bedroom/1.5-Bathroom Townhouse style units. Showcasing exceptional pride of ownership, the property is highlighted by modernized renovations throughout such as new flooring, kitchens, bathrooms and more, making it a turnkey investment. With a current Gross Rent Multiplier (GRM) of 9.56 and an impressive Cap Rate of 7.76%, this asset offers one of the highest returns available in the market. Each unit is equipped with individual washer/dryer hookups and utilizes a Ratio Utility Billing System (RUBS) for streamlined utility management, minimizing expenses for the owner. Tenants also appreciate private backyards, providing added privacy. Additionally, the extra space on the lot presents an opportunity for an Accessory Dwelling Unit (ADU)buyer to verify with the proper city authorities. Dont miss the chance to acquire a well-performing asset with significant growth potential.
Location
State CA
County Kern
Area Bakersfield (93304)
Zoning Assessor
Building
Lot Description Curbs, Sidewalks
Story 2
Level or Stories 2 Story
Others
Monthly Total Fees $155
Acceptable Financing Cash
Space Rent $1,595
Listing Terms Cash
Read Less Info
Listed by Kristopher German • RE/MAX 2000 REALTY
Get More Information
Nicole Hazelton
Broker Associate | License ID: 01819363
Broker Associate License ID: 01819363
Quick Search
- Home for Sale in Rancho Santa Fe
- Homes for Sale in Santaluz
- Home for Sale in Rancho Bernardo
- Home for Sale in Downtown
- Home for Sale in Mission Hills
- Homes For Sale in Point Loma, San Diego, CA
- Homes For Sale in La Jolla, CA
- Homes For Sale in Del Mar, CA
- Homes For Sale in Solana Beach, CA
- Home for Sale in Encinitas
- Home for Sale in Coronado
- Home for Sale in Cardiff By The Sea
- Home for Sale in Carlsbad
- Home for Sale in Oceanside
- Home for Sale in Carmel Valley
- Home for Sale in Kensington
- New Condos in San Diego
- Home for Sale in Pacific Gate Tower
- Home for Sale in Savina Tower