309 North St, Taft, CA 93268

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