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Additional details
Listed by Ben Tilbury • Keller Williams Realty Central Coast
$775,000
Est. payment /mo
1,822 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,822 sqft
Price per Sqft $425
MLS Listing ID CRSC25220623
HOA Y/N No
Year Built 1936
Lot Size 0.341 Acres
Property Sub-Type Duplex
Source Datashare California Regional
Property Description
Calling all investors, are you looking for a cash flowing value add property? Here's your opportunity! Welcome to 107 Capitol Hill, a lovingly restored farmhouse duplex on a 14,850 sqft R-2 lot just blocks from downtown Paso Robles. This versatile income generating property is currently a duplex with two separate 2-bedroom, 2-bathroom units-both with fully occupied with long term tenants, renting for $2,750 (downstairs) and $2,650 (upstairs), with utilities included. The upstairs unit was recently renovated with newly textured walls, fresh interior paint, a remodeled kitchen, new luxury vinyl flooring, updated electrical, new appliances, and has lots of storage. Huge potential with the approved permits in place for a 1-bedroom, 1-bathroom ADU garage conversion that could generate an additional $2,000± per month in rental income for a total of $7,350/month or more. If you choose to leave the garage it's a great detached 2-car garage with high ceilings provides excellent workspace or storage, and the spacious yard offers shaded sitting areas, garden space, and a fire pit. With charm, income, and upside potential, this property is a rare Paso Robles opportunity. Lots of options with this large lot and great zoning for potential future development or even a lot split.
Location
State CA
County San Luis Obispo
Interior
Heating Central
Cooling Central Air, Wall/Window Unit(s)
Flooring Laminate, Vinyl, Carpet
Fireplace No
Laundry Dryer, Washer, Other, In Kitchen
Exterior
View Hills, Trees/Woods
Handicap Access Other
Building
Lot Description Other
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Vicky Van Brocklin
Broker | License ID: 01512910
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