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107 Capitol Hill Drive, Paso Robles, CA 93446

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For Sale

$775,000

4 beds • 2 baths • 1,822 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • $425.36
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Calling all investors, are you looking for a cash flowing value add property? Here's your opportunity! Welcome to 107 Capitol Hill, a lovingly restored farmhouse duplex on a 14,850 sqft R-2 lot just blocks from downtown Paso Robles. This versatile income generating property is currently a duplex with two separate 2-bedroom, 2-bathroom units both with fully occupied with long term tenants, renting for $2,750 (downstairs) and $2,600 (upstairs), with utilities included. The upstairs unit was recently renovated with newly textured walls, fresh interior paint, a remodeled kitchen, new luxury vinyl flooring, updated electrical, new appliances, and has lots of storage. Huge potential with the approved permits in place for a 1-bedroom, 1-bathroom ADU garage conversion that could generate an additional $2,000± per month in rental income for a total of $7,350/month or more. If you choose to leave the garage it's a great detached 2-car garage with high ceilings provides excellent workspace or storage, and the spacious yard offers shaded sitting areas, garden space, and a fire pit. With charm, income, and upside potential, this property is a rare Paso Robles opportunity. Lots of options with this large lot and great zoning for potential future development or even a lot split.
MLS# SC25220414

Courtesy Of Stravinsky Holdings Inc

(805) 548-8686

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Double Pane Windows
  • Appliances
    Microwave, Oven - Gas, Range, Range - Gas
  • Architecture Style
    Colonial
  • Exterior Type
    Wood Siding
  • Floor Covering
    Carpet, Laminate, Vinyl
  • Rooms
    Family Room, Kitchen, Living Room
  • View Type
    Hills

Map and Directions

Directions to 107 Capitol Hill Drive, Paso Robles, CA 93446

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.