For more information regarding the value of a property, please contact us for a free consultation.
3425 Spring ST Paso Robles, CA 93446
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $2,175,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Pr City Limits West(120)
MLS Listing ID PI20237088
Year Built 1978
Lot Size 0.300 Acres
Property Description
10-unit apartment building in beautiful Paso Robles. Located north of the downtown area, this apartment building is comprised of all two-bedroom one and a half bath spacious townhome style units, each with its own private patio area. The complex offers on-site laundry and all units are separately metered for gas & electricity. Recent capital improvements include a new roof, exterior paint and more.
Enjoy the cash-flow and attractive financing due to the strong current income, plus the upside in rents in this strong market. 100% rent collection during COVID!
HIGHLIGHTS
? Stable and predictable income and cash flow
? 12-15% potential upside in rents
? Well maintained with many recent upgrades
? Townhome style units with private patios
? Very low maintenance
? Located in Opportunity Zone
Location
State CA
County San Luis Obispo
Area Pric - Pr Inside City Limit
Zoning R4
Interior
Laundry Common Area
Exterior
Pool None
Community Features Curbs, Gutter(s), Sidewalks
Building
Lot Description Rectangular Lot
Story Two
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Special Listing Condition Standard
Read Less
Bought with Aaron Peck • Invision Real Estate
GET MORE INFORMATION