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Key Details
Sold Price $469,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID NS22161593
Sold Date 09/28/22
HOA Y/N No
Year Built 1941
Lot Size 8,733 Sqft
Property Description
Great investment opportunity in San Miguel, CA! These homes are both currently rented to long-term tenants bringing in good cash flow. Long-time tenants, but now a month-to-month agreement. The first home is a stick-built house with 3 bedrooms and 2 bathrooms and the second home is a newer, 2 bedrooms and 2 bath mobile home on a permanent foundation. Each unit has its own utilities. With a little TLC, these homes will continue to provide great opportunities and possibilities for increasing cash flow. You can also purchase this property and choose to live in one of the homes and rent the other home out to help with the mortgage. This will be a great addition to anyone's investment portfolio.
Location
State CA
County San Luis Obispo
Area Smig - San Miguel
Zoning RSF
Interior
Heating Forced Air, Propane, Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Laundry Inside
Exterior
Garage Unpaved
Pool None
Community Features Park
View Y/N Yes
View Neighborhood
Parking Type Unpaved
Total Parking Spaces 4
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 021271003
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Financing Conventional
Special Listing Condition Trust
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Bought with John Walker • W Property Group