650 11th Street, San Miguel, CA 93451 (MLS # PI24070264)

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PRICE $650,000 dsIDX morgage calculator
BEDS n/a
BATHS 0
HOME SIZE 1,591 sqft
LOT SIZE 21,780 sqft
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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!

DAYS ON MARKET 14 LAST UPDATED 4/18/2024
YEAR BUILT 1950 COMMUNITY San Miguel
COUNTY San Luis Obispo STATUS Active
PROPERTY TYPE(S) Residential Income


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
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Listed with Invest SLO

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