Seller just raised rents substantically; 4.5% Cash Flow at close and rents still 20% under market. Walk to City Park in Downtown Paso Robles. 6 two bedroom one bath units and 3 one bedrooms making 9 total units. Vaulted ceilings in upstairs units. All units have the bedrooms located up a few stairs which creates great zones and separate spaces. See attached Marketing Package for all info including financials and photos. 2 garages and 7 carports; the remaining 7 could easily be converted into garages. Separately metered gas and electric. One laundry room with leased machines; two washers and two dryers. Corner of 15th & Pine Street three blocks north of City Park in a residential setting. This neighborhood is being revitalized; old homes being renovated and the commercial area has expanded to one block away from this property.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
