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Key Details
Sold Price $1,000,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SC22006183
Sold Date 02/14/22
Bedrooms 6
HOA Y/N No
Lot Size 0.386 Acres
Property Description
Historic, charming and fully renovated three unit apartment building in the heart of Atascadero. Completely remodeled from the foundation to the roof and everything in-between! Re engineered and reinforced foundation, new roof, new interior and exterior paint, siding repaired and replaced, new wood laminate flooring, new windows, and new appliances. Currently being advertised and shown by a property manager for rent as: Unit A: 3BR, 1BA with full kitchen projected to rent for $2600/mo. Unit B: (smallest unit): 1BR, 1BA with full kitchen currently projected to rent for $1575/mo. Unit C (upstairs): 2BR, 1BA, full kitchen projected to rent for $2200/mo. Tenants all have their own parking spaces and locking storage closets. Community washer and dryer and Unit C has W/D hookups. Tenants have painted stalls plus designated guest parking. Additionally, the back parking lot on the other side of the fence covered in gravel separately rents to the neighboring business for an additional $1000 monthly. $7,375 monthly income total projected. Expenses are estimated and averaged and subject to buyer's expenses. Adjacent to restaurants, shopping and bus routes.
Historic, charming and fully renovated three unit apartment building in the heart of Atascadero. Completely remodeled from the foundation to the roof and everything in-between! Re engineered and reinforced foundation, new roof, new interior and exterior paint, siding repaired and replaced, new wood laminate flooring, new windows, and new appliances. Currently being advertised and shown by a property manager for rent as: Unit A: 3BR, 1BA with full kitchen projected to rent for $2600/mo. Unit B: (smallest unit): 1BR, 1BA with full kitchen currently projected to rent for $1575/mo. Unit C (upstairs): 2BR, 1BA, full kitchen projected to rent for $2200/mo. Tenants all have their own parking spaces and locking storage closets. Community washer and dryer and Unit C has W/D hookups. Tenants have painted stalls plus designated guest parking. Additionally, the back parking lot on the other side of the fence covered in gravel separately rents to the neighboring business for an additional $1000 monthly. $7,375 monthly income total projected. Expenses are estimated and averaged and subject to buyer's expenses. Adjacent to restaurants, shopping and bus routes.
Location
State CA
County San Luis Obispo
Area Atascadero (93422)
Zoning Public Rec
Interior
Cooling Central Forced Air, Wall/Window
Appliance Combination Heating, Floor Furnace, Forced Air Unit
Exterior
Roof Type Composition
Building
Lot Description Curbs, Sidewalks
Story 2
Level or Stories 2 Story
Others
Acceptable Financing Cash, Conventional
Space Rent $7,375
Listing Terms Cash, Conventional
Financing Cash
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Bought with Susie Brans • Richardson Properties