Description
Development opportunity with approved plans for ability to add (6) units on 2 parcels with a newly renovated 1,867 sq. ft. home near downtown Paso Robles. The proposed multi-unit plans include (4) units on the adjoining and recently cleared lot plus a garage and (2) units added to the existing home parcel. In addition to the proposed development opportunity the existing 4 bedroom, 3-bathroom home features an effortless floor plan with a statement fireplace, large kitchen island and generous natural light. Includes sewer and water access at the street, a water meter will need to be purchased from the city in order to obtain a building permit. Proposed rent estimates for the new units range from $2,100-$2,600, while the existing home rent estimate range is $3,800-$4,000 a month. This property offers an ideal location to the heart of Paso Robles near downtown, commuting, dining and entertainment, perfect for those looking for their next development project.
-
4BEDS
-
0.34ACRES
-
3BATHS
-
01/2 BATHS
-
1,867SQFT
-
$750$/SQFT
Description
Development opportunity with approved plans for ability to add (6) units on 2 parcels with a newly renovated 1,867 sq. ft. home near downtown Paso Robles. The proposed multi-unit plans include (4) units on the adjoining and recently cleared lot plus a garage and (2) units added to the existing home parcel. In addition to the proposed development opportunity the existing 4 bedroom, 3-bathroom home features an effortless floor plan with a statement fireplace, large kitchen island and generous natural light. Includes sewer and water access at the street, a water meter will need to be purchased from the city in order to obtain a building permit. Proposed rent estimates for the new units range from $2,100-$2,600, while the existing home rent estimate range is $3,800-$4,000 a month. This property offers an ideal location to the heart of Paso Robles near downtown, commuting, dining and entertainment, perfect for those looking for their next development project.
Based on information from California Regional Multiple Listing Service, Inc. as of 2023-06-06T00:27:27.573. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Freedom. Licensed in the State of California, USA.