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Glen Henderson

[email protected] +1(619) 889-7646

$579,000

Est. payment - /mo

3 Beds

2 Baths

5,227 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID NS26006970

Bedrooms 3

Lot Size 5,227 Sqft

Property Sub-Type Res Income 2-4 Units

Property Type Res Income 2-4 Units

Property Description

Discover this prime multifamily gem in the charming, historic town of San Miguel, California a growing community in San Luis Obispo County, right off Highway 101 for quick access to Paso Robles (just 10 miles south), world-class wine country, and the vibrant Central Coast. Zoned residential multifamily, this well-maintained property offers two fully remodeled units totaling just under 1,400 sq ft, both updated with modern finishes and ready for new owners or tenants. The main unit is a spacious 2-bedroom, 1-bath with contemporary upgrades and a generous utility room thats perfect for conversion into a third bedroom, home office, or extra storage. The second unit is a cozy 1-bedroom, 1-bath, also beautifully refreshed. The main 2-bedroom unit becomes vacant as of February 15, giving you the perfect opportunity to customize! This duplex has a solid history of strong, reliable rents and previously delivered a gross ROI just over 8% standout performance compared to typical Central Coast multifamily cap rates around 5-6% in recent market data. With the upcoming vacancy, envision your options: Owner-occupy the larger main unit starting mid-February and rent the second for supplemental income to make your mortgage more affordable. Or re-rent both at current market rates for maximum cash flow in this desirable area. This is your chance to own a turnkey, updated duplex in a community with strong growth potential ideal for owner-occupants building equity with rental help, multigenerational families, or investors seeking solid income and appreciation. Schedule a private showing tod

Location

State CA

County San Luis Obispo

Zoning Public Rec

Direction From Mission Street, turn left on 12th

Interior

Fireplace No

Exterior

View Y/N No

Roof Type Concrete

Building

Story 1

Level or Stories 1

Others

Senior Community No

Tax ID 021281022

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Listed by Karlie Montgomery, DRE#01905914 Luxton Real Estate

Nearby School & Business

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Glen Henderson

+1(619) 889-7646

Broker Associate CA BRE #01384181

San Diego Communities

346 12th San Miguel, CA 93451

Glen Henderson

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

Get More Information