Sold: Jun 15, 2021
Address
3425 Spring Street Paso Robles, CA
Price
$ 2,175,000
Property Attributes
  • MLS#PI20237088
  • TypeIncome
  • CountySAN LUIS OBISPO
  • CityPaso Robles
  • Zip93446
  • Style
  • Price$ 2,175,000
  • Bedrooms10
  • Full Bathrooms10
  • Half Bathrooms0
  • Lot Size12,900 SqFt
Listing Provided Courtesy Of:
Jason Hart with Hart Commercial Real Estate.
Data Source:
California Regional MLS (CRMLS) - 25 - CA
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

Price History

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 93446

Price
AVG $3.5M
$2.18M

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