625 River Road

    San Miguel, CA 93451
    • $899,000
    • STATUS: Active
    • ON SITE: 296 days
    • ID#: SC17200964
    UPDATED: 30 min ago
    $899,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,040
      SQFT
    • $441
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1940
    County:

    School Ratings & Info

    Description

    Opportunity knocks! This is a 7 unit complex with 3 legal separate APN's It consist of two duplexes and one triplex. San Miguel is in the path of future growth from Paso Robles Wine Country and in close proximity to Camp Roberts. As Camp Roberts continues it's expansion of training our National Guard, the need for rental units remain high and allows for a low vacancy rate. The current gross income is $69,120 with future potential for increased rents. Great property for investment or 1031 exchange.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-06-25T13:29:55.727. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    www.playavistaliving.com/homes/76422038

    625 River Road San Miguel, CA 93451

    • Price: $899,000
    • Status: Active
    • Updated: 30 min ago
    • ID#: SC17200964
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    2,040
    SQFT
    $441
    $/SQFT
    1940
    Built
    Neighborhood:
    Other (Othr)
    County:
    San Luis Obispo
    Area:
    Smig - San Miguel
    Property Description
    Opportunity knocks! This is a 7 unit complex with 3 legal separate APN's It consist of two duplexes and one triplex. San Miguel is in the path of future growth from Paso Robles Wine Country and in close proximity to Camp Roberts. As Camp Roberts continues it's expansion of training our National Guard, the need for rental units remain high and allows for a low vacancy rate. The current gross income is $69,120 with future potential for increased rents. Great property for investment or 1031 exchange.
    Exterior Features

    Construction Materials Stucco Fence YN Yes Fencing PartialWood Garage Spaces 0.00 Lot Features Corner LotLot-Level/Flat Lot Size Source Assessor Lot Size Units Square Feet Parking Features On Site Parking Total 7.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes Roof Composition

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 1 Common WallNo One AboveNo One Below Cooling Wall Window Cooling YN Yes Fireplace Features Propane Fireplace YN Yes Heating Wall Heater Heating YN Yes Laundry Features Inside Levels One

    Property Features

    Additional Parcels Description 021192023021192024 Additional Parcels YN Yes Association Fee 0.00 Association YN No Building Area Units Square Feet Community Features Rural Country Us Electric Expense 0.00 Elevation Units Feet Gross Income 0.00 Gross Scheduled Income 69120.00 Insurance Expense 1.00 Land Lease YN No Laundry YN Yes Net Operating Income 44805.00 New Taxes Expense 1.00 Number Of Separate Electric Meters 7 Number Of Separate Gas Meters 7 Number Of Separate Water Meters 7 Number Of Units Leased 7 Number With Dishwasher 7 Number With Disposal 7 Operating Expense 24315.00 Professional Management Expense 0.00 Property Sub Type Duplex Rent Control YN No Senior Community YN No Special Listing Conditions Standard Subdivision Name Other Pr San Miguel-Town Tenant Pays Cable TvElectricityGas Total Actual Rent 69120.00 Total Expenses 24315.00 Trash Expense 1.00 Utilities Phone ConnectedSewer ConnectedWater Connected Vacancy Allowance 0 Vacancy Allowance Rate 3.00 Water Source Public Year Built Source Assessor

    Listing provided courtesy of Stanley Craig of Bhgre Haven Properties.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-06-25T13:29:55.727. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
     
    Team Tami | Palm Realty Boutique
    7101 Playa Vista Dr.
    Playa Vista CA, 90094