Paso Robles, CA 93446,107 Capitol Hill Drive
Paso Robles, CA 93446,107 Capitol Hill Drive
Paso Robles, CA 93446,107 Capitol Hill Drive
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Listed by Ben Tilbury • Keller Williams Realty Central Coast
$775,000
Est. payment /mo
4 Beds
2 Baths
1,822 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Duet

Listing Status Active

Purchase Type For Sale

Square Footage 1,822 sqft

Price per Sqft $425

MLS Listing ID CRSC25220414

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 1936

Lot Size 0.341 Acres

Property Sub-Type Duet

Source Datashare California Regional

Property Description

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.

Location

State CA

County San Luis Obispo

Interior

Heating Central

Cooling Central Air, Wall/Window Unit(s)

Flooring Laminate, Vinyl, Carpet

Fireplaces Type None

Fireplace No

Window Features Double Pane Windows

Appliance Gas Range, Microwave

Laundry Dryer, Washer, Other, In Kitchen

Exterior

Garage Spaces 2.0

Pool None

View Hills, Trees/Woods

Handicap Access Other

Private Pool false

Building

Lot Description Other

Story 2

Foundation Raised

Water Public

Architectural Style Colonial, Traditional

Schools

School District Paso Robles Joint Unified


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Altie Schmitt

Altie Schmitt

+1(925) 528-8000

Partner at Village Associates | License ID: 00924672

Partner at Village Associates License ID: 00924672

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