107 Capitol Hill Drive Active Save Request In-Person Tour Request Virtual Tour
Paso Robles,CA 93446
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
Year Built 1936
Lot Size 0.341 Acres
Property Sub-Type Duet
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
Laundry Dryer,Washer,Other,In Kitchen
Exterior
Garage Spaces 2.0
Pool None
View Hills,Trees/Woods
Building
Lot Description Other
Story 2
Foundation Raised
Water Public
Schools
School District Paso Robles Joint Unified