2801 Morin Ct, Bakersfield, CA, 93304

About This Home

Excellent investment opportunity in Southeast Bakersfield. Well-maintained 4-unit income property in a quiet neighborhood located near shopping, restaurants, Valley Plaza Mall, Amy B. Seibert Elementary School, and the post office. This property features a desirable unit mix of two 2-bedroom/1-bath units and two 2-bedroom/2-bath units, all with full bathrooms. Current gross monthly income is approximately $4,735 with additional upside potential. One furnished unit has been successfully used for traveling nurses and seasonal workers, previously generating significantly higher monthly rental income. This flexible setup offers an opportunity for both long-term and short-term rental strategies. Two of the units are currently tenant-occupied through the Section 8 program, providing additional rental stability and consistent income. Estimated operating expenses average approximately $986 per month. Buyer to verify all income and expenses. Property includes on-site laundry, 6 rear parking spaces with 4 covered spaces, plus 2 one-car garages located at the front of the building. Major plumbing repairs and re-plumbing work have already been completed within the upstairs bathroom walls. The property is well-maintained and structurally sound, with opportunity for cosmetic improvements and exterior paint updates to further enhance value. Great opportunity for an investor looking for steady income with upside potential. Disclosure - Seller is a real estate agent.