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**INVESTORS AND DEVELOPERS** 0.5-acre lot with 2 HOMES, both consisting of 2 bedrooms and 1 bathroom! Situated in a prime location and zoned recreational, this property offers a multitude of possibilities. The two existing homes do require some tender loving care (TLC), their potential is boundless. Alternatively, for those with grander ambitions, the option to develop 7 units awaits. With the appropriate permits and vision, this lot could be transformed into a thriving community hub. Whether you choose to add accessory dwelling units (ADUs) to the existing homes or embark on a larger-scale development project, the profit potential is immense. Adding to the appeal of this property is its location amidst a neighborhood of newly developed homes. As the area continues to grow and evolve, seize this opportunity to capitalize on the real estate market in San Miguel! Whether you're a seasoned investor or a budding developer, this property offers endless possibilities for growth and success. Schedule a viewing today and unlock the potential of this remarkable investment opportunity!
| Last Updated | 4/18/2024 | Year Built | 1950 |
|---|---|---|---|
| Community | San Miguel | County | San Luis Obispo |
Additional Details
| AREA | San Miguel |
|---|---|
| BUYER'S BROKERAGE COMPENSATION | 2.500 % |
| CONSTRUCTION | Concrete, Plaster, Wood Siding |
| GARAGE | Attached Carport, Covered, Driveway, Driveway Level, Gravel |
| HEAT | Propane, Wall Furnace |
| HOA DUES | 0 |
| INTERIOR | All Bedrooms Down, Attic, Beamed Ceilings, Bedroom on Main Level, Unfinished Walls, Unfurnished |
| LOT | 0.5 acre(s) |
| LOT DESCRIPTION | 6-10 Units/Acre, Back Yard, Corner Lot, Flag Lot, Level, Rectangular Lot, Street Level, Value In Land, Yard |
| PARKING | Attached Carport,Covered,Driveway Level,Driveway,Gravel |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | Ranch |
| UTILITIES | Cable Available,Electricity Connected,Natural Gas Available,Propane,Phone Available,Sewer Connected,Water Connected,Overhead Utilities, Electric: Electricity - On Property |
| VIEW | Yes |
| VIEW DESCRIPTION | Neighborhood,Trees/Woods |
| WATER | Public |
Location
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 5/1/24 9:06 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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