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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$775,000
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4 Beds
0.34 Acres Lot
New

107 Capitol Hill Drive Paso Robles, CA 93446

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID SC25220623

Bedrooms 4

Lot Size 0.341 Acres

Property Sub-Type Res Income 2-4 Units

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

Zoning Public Rec

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

Cooling Central Forced Air, Wall/Window

Fireplace No

Exterior

View Y/N No

Roof Type Composition

Building

Story 2

Level or Stories 2

Others

Tax ID 009523004


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

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Patty Doyle

Patty Doyle

Agent | License ID: 01507441

+1(619) 886-0321

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107 Capitol Hill Drive