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Chris Bausch

DRE #01495693
Paso Robles, California
Real Estate Agent
805-440-5960
Contact Me

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Listing 15 out of 199
$850,000 For Sale

724 23rd Street
Paso Robles, CA 93446

5 units | Multi Family Home
6521 sq ft - MLS# SP18158140
Property Photo

Description

Best value and Cap rate in the county, alomost a 6 cap. 850k, 5 units. 4 -1 bedroom, 1- 2 bedroom plus loft. Income is 5350 a month. All units are updated in last 4 years. Very low maintenance . They rent super fast and have solid tenants currently. This will go fast, so set up a showing.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • Zip Code: 93446
  • Year Built: 1951
  • Units: 5 units
  • Lot Size: 6521 sq ft
  • Area: PSOR - Paso Robles
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet
  • Building Area Total: 2027.00
  • Building Area Units: Square Feet
  • Co-Listing Agent License: 01465568
  • Co-Listing Office License: 02005015
  • Common Walls: 2+ Common Walls, No One Above
  • Community Features: Urban
  • Country: US
  • Directions: Merge onto US-101 N, Take exit 231 for CA-46; Take 24th St to 23rd St
  • Gross Income: 5350.00
  • Gross Scheduled Income: 64200.00
  • Insurance Expense: 700.00
  • Laundry Features: Outside
  • Laundry YN: Yes
  • Listing Agent License: 01255690
  • Listing Office License: 02005015
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • MLS: CRM
  • Net Operating Income: 50560.00
  • New Taxes Expense: 8500.00
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 5
  • Operating Expense: 13640.00
  • Property Attached YN: Yes
  • Total Actual Rent: 5375.00
  • Total Expenses: 13640.00
  • Trash Expense: 3000.00
  • Water Sewer Expense: 1440.00
  • Water Source: Public
  • Year Built Source: Appraiser
Courtesy of Keller Williams Realty Central Coast, Todd Martincello

Chris Bausch | DRE #01495693 | 805-440-5960 | Contact Me
805-237-4700 ext. 27 | 800 11th Street, Downtown Paso Robles, California 93446
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