107 Capitol Hill DR Active Save Request In-Person Tour Request Virtual Tour
Paso Robles,CA 93446
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID SC25220623
Year Built 1936
Lot Size 0.341 Acres
Property Sub-Type Duplex
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 units—both 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
Area Psor - Paso Robles
Rooms
Other Rooms Guest House Detached,Two On A Lot
Interior
Heating Central
Cooling Central Air,Wall/Window Unit(s)
Flooring Carpet,Laminate,Vinyl
Fireplaces Type None
Laundry In Kitchen,Stacked
Exterior
Parking Features Door-Multi,Driveway,Garage Faces Front,Garage,Gravel
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Biking,Curbs,Gutter(s)
Utilities Available Cable Available,Electricity Connected,Natural Gas Connected,Phone Available,Sewer Connected,Water Connected
View Y/N Yes
View Hills,Trees/Woods
Roof Type Composition
Building
Lot Description 2-5 Units/Acre,Street Level
Story 2
Foundation Raised
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash,Cash to Existing Loan,Cash to New Loan
Listing Terms Cash,Cash to Existing Loan,Cash to New Loan
Special Listing Condition Standard