A great opportunity to own a classic multi-family property located three blocks from downtown San Luis Obispo. All-encompassing Spanish style; tile roof, old growth landscaping, and koi pond with waterfall. A most ideal living experience, with no through traffic in the Historic Railroad Square neighborhood adjacent to the popular bike path. The three units encompass a 2 bedroom, 1 bathroom upper unit, a 3 bedroom 1 bathroom legal, non-conforming living quarters, which together can be converted back to a single residence. Separated by the drive space is a 1 bedroom, 1 bathroom home adjoined with a non-conforming walk-out basement and bathroom. The entire property generates $5,850 a month, which is below market, and the nearly 7,000 square foot R3 lot allows room for development. Enjoy living here while offsetting your expenses, or acquiring a fully leased investment property within this coveted part of town.
Bedrooms
6
Bathrooms
3
Square Feet
2,805
Lot Size
6,850 sqft
Year Built
1936
Property Type
Triplex
Days on Market
59
HOA Fee
N/A
Garage Total
0
MLS #
SC17104189
Flooring
Tile, Wood
Appliances
Gas Range
Laundry
Common Area, Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
Main Level Master
Yes
Heating
Natural Gas, Wall Furnace
Patio & Porch
Deck, Front Porch, Patio
Fencing
Average Condition
Construction
Stucco
Foundation
Slab
Roof
Clay, Tile
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Based on price, location, and features
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