518 Ferro Lane
Paso Robles, CA 93446

Sold

Sold for $420,000 on Feb 15, 2019

Description

Endless Possibilities with this updated duplex on Paso Robles' East Side with great seller financing! It’s the perfect property for an investor to rent out both units, or it could be ideal for a homeowner to occupy 1 unit & rent the other out for income or have extended family in the 2nd unit! Each unit has 2 bedrooms, 1 bathroom, a private fenced yard & a detached 1 car garage. Upgrades include plumbing, electrical, windows, A/C, flooring, cabinets, appliances, roofing, painting and more! And here’s the best part…the owner will carry the loan for 30 years with $100,000 down at competitive rates! Don't let this unique opportunity get away!

Features

• Property Type: Multi Family Home
• Sub Type: Multi Family Home
• Listing Status: Closed
• Listing Price: $425,000
• Zip Code: 93446
• Year Built: 1953
• Subdivision/Neighborhood: Pr City Limits East(110)
• Units: 2 units
• # of Parking Spaces: 2.00
• Lot Size: 7614 sq ft
• Area: PRIC - PR Inside City Limit
• Appliances: Dishwasher, Free-Standing Range, Refrigerator
• Appliances YN: Yes
• Average 2 Bed Area Units: Square Feet
• Average 3 Bed Area Units: Square Feet
• Average Studio Area Units: Square Feet
• Building Area Total: 1664.00
• Building Area Units: Square Feet
• Community Features: Curbs, Sidewalks
• Construction Materials: Stucco
• Cooling: Wall/Window Unit(s)
• Cooling YN: Yes
• Country: US
• Directions: Take 13th St/Creston Rd east of S River Rd., turn right on first Ferro Lane, propety on right side
• Electric: 220 Volts in Laundry
• Fence YN: Yes
• Fencing: Wood
• Flooring: Laminate, Vinyl, Wood
• Foundation Details: Raised
• Garage Spaces: 2.00
• Gross Income: 34500.00
• Gross Scheduled Income: 34500.00
• Heating: Wall Furnace
• Heating YN: Yes
• Interior Features: Beamed Ceilings, Formica Counters
• Laundry Features: Gas & Electric Dryer Hookup, Washer Hookup
• Laundry YN: Yes
• Listing Agent License: 01059808
• Listing Office License: 01421338
• Lot Features: Front Yard, Lot 6500-9999
• Lot Size Area: 7613.0000
• Lot Size Source: Assessor
• Lot Size Units: Square Feet
• MLS: CRM
• Net Operating Income: 34500.00
• Number Of Buildings: 1
• Number Of Separate Electric Meters: 2
• Number Of Separate Gas Meters: 2
• Number Of Separate Water Meters: 1
• Parking Features: Concrete, Garage Faces Front
• Parking YN: Yes
• Road Frontage Type: City Street
• Road Surface Type: Paved
• Roof: Membrane
• Room Type: Kitchen, Living Room
• Selling Agent: Robert Bergman
• Selling Agent License: 00591045
• Selling Office: Re/Max Parkside Real Estate
• Selling Office License: 01421338
• Sewer: Public Sewer
• Utilities: Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
• Water Source: Public
• Year Built Source: Estimated
• Sold Price: 420000.00
• Sold Date: 2019-02-15 00:00:00