650 11th Street
San Miguel, CA 93451
1591 sqft | 4 beds | 2 baths | 0.50 acres | #PI24072234
Description
**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!
Property Details
- Utility FeaturesCableAvailable, ElectricityConnected, NaturalGasAvailable, Propane, PhoneAvailable, SewerConnected, WaterConnected, OverheadUtilities
- Lot DescriptionSixToTenUnitsAcre, BackYard, CornerLot, FlagLot, FrontYard, Level, RectangularLot, StreetLevel, ValueInLand, Yard
- InteriorBeamedCeilings, BreakfastArea, Unfurnished, UnfinishedWalls, AllBedroomsDown, Attic, BedroomOnMainLevel
- ViewNeighborhood, TreesWoods
- School DistrictSan Miguel Joint Union
- Property SubtypeSingleFamilyResidence
- CountySan Luis Obispo
- Sewer InformationPublicSewer
- MLS #PI24072234
- MLS #PI24072234
- Property TypePurchase
- Original List Price$650,000
- Utility SourcePublic
- Cost625000
- Structure TypeHouse
- Square Feet1591
- Year Built1950
- FoundationSlab
- Acres0.5
- Bedrooms4
- Bathrooms2
- Full Baths2
- Stories1
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Hannah Kraft (#pi02177746)
Listing Office: Invest SLO (#pi3339)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.