$950,000
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0.54 Acres Lot
SOLD DATE : 09/09/2021
Key Details
Sold Price $950,000
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Subdivision Atnortheast(10)
MLS Listing ID PI21038889
Sold Date 09/09/21
HOA Y/N No
Year Built 1963
Lot Size 0.536 Acres
Property Description
Rare opportunity to purchase a property that can immediately generate cash flow with the added potential bonus of future multifamily expansion. Over a half-acre of land that is zoned MF20 this property may be improved with up to a 10-unit multifamily development. The modern medical office building and a charming home located on the property both generate rental income. The two office spaces are each approxamently 1,200 SF and share a common waiting room and outdoor break area. The property has plenty of off-street parking to accommodate patients and guest. Between the potential cash flow and further development this is an opportunity you don't want to miss.
Location
State CA
County San Luis Obispo
Area Atsc - Atascadero
Zoning MF20
Interior
Fireplace No
Laundry Inside
Exterior
Pool None
Community Features Curbs, Park
Private Pool No
Building
Lot Description Gentle Sloping, Near Park
Story One
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 029252005
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash to Loan
Special Listing Condition Standard
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Bought with Jean Ponek • Ponek Real Estate Group
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
25101 The Old Road Suite 240, Ranch, Ca, 91381, United States