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Sold for $655,000 on Nov 30, 2017
Paso Robles Investment Property. This recently renovated triplex with 3 x large 1bd 1ba apartments is located in the heart of Paso Roblesâ wine country. Currently used as long term rentals, it could be the perfect vacation rental property. Located on prestigious Vine Street this property is centrally located to Downtown City Park, California Mid-State Fair Grounds, restaurants, wineries and breweries. Potential 5.3% Cap Rate. Current rents are $3600/month. Market rents for a long term lease is $4050-$4200/month. Features: 3 x 1 Bedroom, 1 Bath Apartments, central heat & air, dual-pane vinyl windows, laundry room, ownerâs closet and 3 x single car garages with new garage doors and openers. There is a clear termite of both sections 1 & 2.