$ 775,000
-
$775,000
Price -
4
Bed -
2
Bath -
1,822
SqFt
NEW! Buy and sell safely with virtual options - Learn More
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
Interior Details
- Bedrooms: 4
- Bathrooms: 2 Full
- Appliances: Gas Oven, Gas Range, Microwave, Dryer, Washer
- 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: Breakfast Area,Galley Kitchen
- Water: Public
Exterior Details
- Lot Description: 2-5 Units/Acre,Street Level,No Land Lease
- Garage Capacity: 2 car
- Parking Spaces: 8
- Roof: Composition
- Others: Updated/Remodeled,Wood Siding,2+ Total Units
- Sewer: Public Sewer
- Parking Features: Door-Multi,Driveway,Garage Faces Front,Garage,Gravel
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 009523004
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
107 Capitol Hill Dr Paso Robles, CA 93446
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
