House Description

High-Cash-Flow Investment Opportunity - Turnkey Sober Living Home. Unlock an exceptional income-producing asset with this fully operational sober living home. Originally designed as a 3-bedroom residence, the property has been thoughtfully converted into a 5-bedroom home to maximize occupancy and revenue. This high-performing investment currently generates over $4,200 per month in positive cash flow, with two beds still available, providing immediate upside for a new owner. The home has an established operating history and a proven business model, making it an outstanding opportunity for investors seeking strong, consistent returns. A major advantage of this property is the existing relationships with local county resources and referral partners that help maintain strong occupancy. These established connections have contributed to the home's ongoing success and provide a solid foundation for continued performance.

Highlights

Listed by Michael R Still , 8658555 Watson Realty , 3275161. Bakersfield Association of Realtors

Property Type

Residential

Lot/Acreage

0.16

Year Built

1961

County

Kern

Area

Listing ID

202607507

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Payment Breakdown

Principal Interest

$1,822

Taxes

$233

Home Price

$365,000

Home Price

Loan Details

30 yrs

6.375%

Interest Rate

Loan Type

Down Payment

20%

$73,000

Down Payment

Down Payment %

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Monthly Price:

$1,821.70

Principal

Taxes