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Listed by: Abel Contreras (805) 709-7143 DRE #02062620, Chelsea King DRE #02152275 | Invest SLO (805) 709-7143
$1,699,000
4 Beds
- 7 Baths
5,000sqft
3505 Spring St, Paso Robles, CA 93446
$1,699,000
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Apartment
Built in 1968
$-- HOA
16,948 sqft lot
$340/sq.ft
Description
(PORTFOLIO SALE) Combined portfolio 3411 Spring Street and 3505 Spring Street offered at $4,500,000. 3505 Spring Street is a unique 10-unit multifamily property in the heart of Paso Robles, offered at approximately $169,000/unit, $339/SF with a stabilized cap rate of 8.91% and annual rent upside of approximately $53,340. The property spans approximately 5,000 rentable square feet across two stories on a ±0.40-acre lot. The diverse unit mix includes five (5) studios with one bathroom, one (1) studio with two bathrooms, two (2) one-bedroom/one-bathroom units, one (1) one-bedroom/two-bathroom unit, and one (1) two-bedroom/two-bathroom unit — catering to a broad renter demogr...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1968
HOA Fees
-
Finished Area
5,000 sqft
Lot Size
16,948 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
PI26094991
MLS Status
Active
Days on Market
87
Cumulative Days on Market
71
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