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460 Oswell St | Bakersfield CA | 7266801512

Anthony Rodriguez

This listing was posted on RealtyWW.

$2,900,000

Home For Sale In Bakersfield, California

Price:
$2,900,000
BR/BA:
10+ BA
Location:
460 Oswell St, Bakersfield, CA
Description:

Oswell Townhouses presents an exceptional investment opportunity, combining modern living with significant growth potential. This turnkey property comprises of the first phase of the 30 unit complex completed. This 1st phase consists of 11 townhouse-style units, each offering spacious 3-bedroom, 2-bath layouts that cater to the growing demand for comfortable and upscale rental options. Tenants are drawn to the high-quality, condo-style living experience, complete with private patios, in-unit washers and dryers, and tasteful upgrades throughout. What sets Oswell Townhouses apart is its strategic position in a market not subject to rent control in 2024, providing a rare chance for investors to capitalize on this advantage with rent increases due in June. Furthermore, the property includes nearly an acre of land with the potential to develop an additional 19 townhouse units, dramatically increasing rental income possibilities. Currently yielding $191, 000 in annual gross income with room for growth, Oswell Townhouses stands out as a prime investment for those looking to expand their portfolio with a property that offers both immediate returns and future expansion potential.For more details: https://realtyww.info/homes_bakersfield-d523577/for-sale_i71695360
Property Type:
Single-Family Houses
Posted:
May 11 on RealtyWW
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More About this Listing: Home For Sale In Bakersfield, California
Home For Sale In Bakersfield, California is a 10 Bathroom, 10+ BA, 22 Bathroom Single-Family Homes for Sale at 460 Oswell St in Bakersfield CA. Find other listings like Home For Sale In Bakersfield, California and listings near 460 Oswell St by searching Oodle Classifieds for 10 Bathroom, 10+ BA, 22 Bathroom Single-Family Homes for Sale in Bakersfield CA.