CA > Paso Robles
Paso Robles, CA 93446,107 Capitol Hill Drive
Paso Robles, CA 93446,107 Capitol Hill Drive
Paso Robles, CA 93446,107 Capitol Hill Drive
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Mike Jones

Mike Jones

+1(480) 326-9233
$775,000
Est. payment /mo
4 Beds
2 Baths
1,822 SqFt
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Key Details

Property Type Townhouse

Sub Type Townhome

Listing Status Pending

Purchase Type For Sale

Square Footage 1,822 sqft

Price per Sqft $425

MLS Listing ID SC25220414

Style Colonial,Traditional

Bedrooms 4

Full Baths 2

Year Built 1936

Lot Size 0.341 Acres

Property Sub-Type Townhome

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 unitsboth 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

Direction Driving up 13th Street until it turns to Creston Road, Take your second Right on Capitol Hill. Property is 4th down on left.

Interior

Heating Forced Air Unit

Cooling Central Forced Air, Wall/Window

Flooring Carpet, Laminate, Linoleum/Vinyl

Fireplace No

Appliance Dryer, Microwave, Washer, Gas Oven, Gas Range

Exterior

Parking Features Garage, Garage - Two Door

Garage Spaces 2.0

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

View Y/N Yes

Water Access Desc Public

View Mountains/Hills, Trees/Woods

Roof Type Composition

Accessibility 2+ Access Exits

Porch Covered, Deck, Patio Open, Porch

Total Parking Spaces 8

Building

Story 2

Sewer Public Sewer

Water Public

Level or Stories 2

Others

Senior Community No

Tax ID 009523004

Acceptable Financing Cash, Cash To Existing Loan, Cash To New Loan

Listing Terms Cash, Cash To Existing Loan, Cash To New Loan

Special Listing Condition Standard

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MLS Router / San Diego MLS
Listed by Ben Tilbury Keller Williams Realty Central Coast

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Mike Jones

Mike Jones

+1(480) 326-9233

Agent | CA BRE #01094232

Agent CA BRE #01094232

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