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Additional details
Listed by Hannah Kraft • Invest SLO
$625,000
Est. payment /mo
1,591 SqFt
UPDATED:
08/21/2024 07:40 AM
Key Details
Property Type Single Family Home, Multi-Family
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 1,591 sqft
Price per Sqft $392
MLS Listing ID CRPI24070264
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1950
Lot Size 0.500 Acres
Property Description
**INVESTORS AND DEVELOPERS** 0.5-acre lot with 2 HOMES, both consisting of 2 bedrooms and 1 bathroom! Situated in a prime location and zoned recreational, this property offers a multitude of possibilities. The two existing homes do require some tender loving care (TLC), their potential is boundless. Alternatively, for those with grander ambitions, the option to develop 7 units awaits. With the appropriate permits and vision, this lot could be transformed into a thriving community hub. Whether you choose to add accessory dwelling units (ADUs) to the existing homes or embark on a larger-scale development project, the profit potential is immense. Adding to the appeal of this property is its location amidst a neighborhood of newly developed homes. As the area continues to grow and evolve, seize this opportunity to capitalize on the real estate market in San Miguel! Whether you're a seasoned investor or a budding developer, this property offers endless possibilities for growth and success. Schedule a viewing today and unlock the potential of this remarkable investment opportunity!
Location
State CA
County San Luis Obispo
Interior
Heating Wall Furnace, Propane
Fireplace No
Laundry No Hookups
Exterior
View Trees/Woods, Other
Handicap Access Other
Building
Lot Description Corner Lot, Level, Other, Back Yard, Flag Lot
Water Public
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