$1,100,000
$1,175,000
6.4%For more information regarding the value of a property, please contact us for a free consultation.
1502 Pine ST Paso Robles, CA 93446
7,224 SqFt
Key Details
Sold Price $1,100,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 7,224 sqft
Price per Sqft $152
Subdivision Pr City Limits West(120)
MLS Listing ID SP1040966
Sold Date 11/26/14
HOA Y/N No
Year Built 1977
Lot Size 9,583 Sqft
Acres 0.22
Property Description
Marketing Remarks: Brokers/Agents: See Confidential Remarks! Seller just raised rents; 4.5% cash flow with 30% down at close and rents still 20% below market. 5 minute walk to City Park. Six 2 bedrooms and three 1 bedroom units. Units are split level; see photos. Carports and garages; remaining carports could easily be converted into garages. This neighborhood is undergoing a revitalization; old homes being renovated and the downtown commercial area has expanded to one block away. Nearby homes are selling for $360,000 to $425,000 and some are now listed in the high $400,000s to low $500,000s.
Location
State CA
County San Luis Obispo
Zoning APT
Interior
Heating WallFurnace
Cooling WallWindowUnits
Fireplace No
Exterior
Community Features Curbs, StreetLights, Sidewalks
Roof Type Shingle
Building
Lot Description CornerLot, Paved
Story Two
Entry Level Two
Foundation None
Level or Stories Two
Others
Tax ID 008325005
Acceptable Financing CashtoNewLoan
Listing Terms CashtoNewLoan
Financing CashtoNewLoan
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with James Irving • RE/MAX Parkside Real Estate