$ 775,000
-
$775,000
Price -
4
Bed -
2
Bath -
1,822
SqFt
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About the Listing SL1061 - 02026424
Calling all investors, are you looking for a cash flowing value add property? Here's your opportunity! Welcome to 107 Capitol Hill, a lovingly restored farmhouse duplex on a 14,850 sqft R-2 lot just blocks from downtown Paso Robles. This versatile income generating property is currently a duplex with two separate 2-bedroom, 2-bathroom units—both with fully occupied with long term tenants, renting for $2,750 (downstairs) and $2,650 (upstairs), with utilities included. The upstairs unit was recently renovated with newly textured walls, fresh interior paint, a remodeled kitchen, new luxury vinyl flooring, updated electrical, new appliances, and has lots of storage. Huge potential with the approved permits in place for a 1-bedroom, 1-bathroom ADU garage conversion that could generate an additional $2,000± per month in rental income for a total of $7,350/month or more. If you choose to leave the garage it's a great detached 2-car garage with high ceilings provides excellent workspace or storage, and the spacious yard offers shaded sitting areas, garden space, and a fire pit. With charm, income, and upside potential, this property is a rare Paso Robles opportunity. Lots of options with this large lot and great zoning for potential future development or even a lot split.
Listing Highlights for 107 Capitol Hill Dr
Status
Active
Days on Site
26
Property Type
Residential
MLS ®
SC25220414
Year Built
1936
Total Square Footage
1,822
Lot/Acreage
0.34
Interior Details
- Bedrooms: 4
- Bathrooms: 2 Full
- Appliances: Gas Oven, Gas Range, Microwave
- Air Cond: Central Air,Wall/Window Unit(s)
- Heating: Central
- Fireplaces:
- Floor: Carpet,Laminate,Vinyl
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: 2-5 Units/Acre,Level with Street,Lot 10000-19999 Sqft,No Land Lease
- Garage Capacity: 2 car
- Parking Spaces: 8
- Roof: Composition
- Others: Guest House Detached,Two On A Lot,2+ Total Units,Has ADU
- Sewer: Public Sewer
- Parking Features: Driveway,Gravel,Garage,Garage Faces Front,Garage - Two Door
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 009523004
- Tax Year: N/A
Payment Calculator
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Listing Location
Questions About..
107 Capitol Hill Dr Paso Robles, CA 93446
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