$1,575,000
$1,700,000
7.4%For more information regarding the value of a property, please contact us for a free consultation.
2041 2049 Riverside AVE Paso Robles, CA 93446
4,228 SqFt
Key Details
Sold Price $1,575,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,228 sqft
Price per Sqft $372
Subdivision Pr City Limits West(120)
MLS Listing ID PR1049200
Sold Date 07/01/15
HOA Y/N No
Year Built 1984
Lot Size 9,583 Sqft
Acres 0.22
Property Description
Marketing Remarks: Great Investment Opportunity at a 6% CAP RATE! Most of the units have been remodeled and fresh paint outside. This well-maintained 4 & 5 Unit apartment complex offers 8 units with 2 bedrooms, 1 bathrooms of approximately 1,000+/- sq. ft. each and 1 new studio unit approximately 700+/- sq. ft. A new roof was installed within the last 5 years. New tile floors and granite counters in several units. Other features include 8 individual garages and all are individually metered. Located close to downtown Paso Robles and walking distance to the Fairgrounds. There is a waiting list for the 2 bedroom units.
Location
State CA
County San Luis Obispo
Zoning APT,R2
Rooms
Ensuite Laundry CommonArea
Interior
Interior Features CentralVacuum
Laundry Location CommonArea
Heating ForcedAir
Cooling CentralAir
Fireplace No
Laundry CommonArea
Exterior
Garage Covered, Private
Community Features Curbs, Sidewalks
Utilities Available CableAvailable, PhoneConnected
Roof Type Shingle
Parking Type Covered, Private
Building
Lot Description Paved, SprinklerSystem, StreetLevel
Story Two
Entry Level Two
Foundation Slab
Level or Stories Two
Others
Tax ID 008247020
Acceptable Financing Cash, CashtoNewLoan
Listing Terms Cash, CashtoNewLoan
Financing Conventional
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Bought with David Crabtree • Home & Ranch Sotheby's Intl