Oswell Townhouses presents an exceptional investment opportunity with a newer 2010 built property combining modern living with significant growth potential. This turnkey property comprises 11 townhouse-style units, each offering spacious 3-bedroom, 2-bath layouts that cater to the growing demand for comfortable and upscale rental options. It is rare to find a newer construction property with 3 bedroom townhouse style units.
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.
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 $226,200 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.
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.
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 $226,200 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.
Property Details
Price:
$2,700,000
MLS #:
IV24172641
Status:
Active
Baths:
0
Address:
460 Oswell St
Type:
Residential Income
Subtype:
Commercial/Residential
Neighborhood:
bksfbakersfield
City:
Bakersfield
Listed Date:
Sep 5, 2024
State:
CA
ZIP:
93307
Lot Size:
66,646 sqft / 1.53 acres (approx)
Year Built:
2010
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Schools
Interior
Cooling
Central Air
Flooring
Carpet, Tile
Heating
Central
Interior Features
Copper Plumbing Partial
Exterior
Community Features
Street Lights
Garage Spaces
0.00
Green Energy Efficient
H V A C, Insulation, Thermostat
Lot Features
0-1 Unit/ Acre
Parking Features
Assigned, Carport
Parking Spots
20.00
Pool Features
None
Security Features
Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Tenant Pays
Cable T V, Electricity, Gas
Utilities
Electricity Connected, Water Connected
Map
Community
- Address460 Oswell St Bakersfield CA
- AreaBKSF – Bakersfield
- CityBakersfield
- CountyKern
- Zip Code93307
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Courtesy of THE ASSOCIATES REALTY GROUP. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
460 Oswell St
Bakersfield, CA
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