21
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$565,000
Est. payment /mo
Price Dropped by $60K
650 11th ST San Miguel, CA 93451
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPI24070264
Style Ranch
Originating Board California Regional MLS
Year Built 1950
Property Sub-Type Duplex
Property Description
**INVESTORS AND DEVELOPERS** 0.5-acre lot with 2 HOMES, both consisting of 2 bedrooms and 1 bathroom! Situated in a prime location and zoned recreational, this property offers a multitude of possibilities. The two existing homes do require some tender loving care (TLC), their potential is boundless. Alternatively, for those with grander ambitions, the option to develop 7 units awaits. With the appropriate permits and vision, this lot could be transformed into a thriving community hub. Whether you choose to add accessory dwelling units (ADUs) to the existing homes or embark on a larger-scale development project, the profit potential is immense. Adding to the appeal of this property is its location amidst a neighborhood of newly developed homes. As the area continues to grow and evolve, seize this opportunity to capitalize on the real estate market in San Miguel! Whether you're a seasoned investor or a budding developer, this property offers endless possibilities for growth and success. Schedule a viewing today and unlock the potential of this remarkable investment opportunity!
Location
State CA
County San Luis Obispo
Area Smig - San Miguel
Rooms
Kitchen None
Interior
Heating Wall Furnace , Propane
Laundry None
Exterior
Parking Features Carport , Covered Parking, Other
Pool 31, None
View Local/Neighborhood, Forest / Woods
Building
Lot Description Flag Lot, Grade - Level
Story One Story
Foundation Concrete Slab
Water District - Public
Architectural Style Ranch
Others
Tax ID 021401008
Special Listing Condition Not Applicable
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Listed by Hannah Kraft • Invest SLO