331 Haybert Court, Bakersfield, CA 93304
-
Listed Price :
$995,000
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
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Year Built :
1946
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. The 2 bedroom cottage was built in 1946 and the (5) townhome units were built in 1978. 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. Don’t miss the chance to acquire a well-performing asset with significant growth potential.
Interior Features
| Laundry Information |
| Location(s) |
Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup |
| Bedroom Information |
| Bedrooms |
N/A |
| Bathroom Information |
| Bathrooms |
N/A |
Listing Information
| Address |
331 Haybert Court |
| City |
Bakersfield |
| State |
CA |
| Zip |
93304 |
| County |
Kern |
| Listing Agent |
Kristopher German DRE #01800021 |
| Courtesy Of |
RE/MAX 2000 REALTY |
| List Price |
$995,000 |
| Status |
Pending |
| Type |
Residential Income |
| Subtype |
Apartment |
| Structure Size |
N/A |
| Lot Size |
13,503 |
| Year Built |
1946 |
Listing information courtesy of: Kristopher German, RE/MAX 2000 REALTY. *Based on information from the Association of REALTORS/Multiple Listing as of Nov 13th, 2024 at 6:05 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker 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.
