Calling all Builders and Developers. Great opportunity. Multi-family zoning. MF20 zoning. Possibilities are endless. Keep the front house and back house rented and earn income while plans and permits are being secured. Currently there are Two units. Front unit is a large one bedroom and rents for $1300 per month. Back unit smaller with 2 bdrooms and rents for $1050 a month. One meter for both houses as the back house was converted from a carport to living areas in the late 1940's. Large 15355 sq ft lot. Check with City of Atascadero to verify how many units may be built on this site. Seller says five units are possible. Terrific location situated just across from Colony Park and right next to the Historic District of Atascadero. Just two blocks to Sunken Gardens. Easy access to freeway. Great potential for buildout on the gradual sloping lot.
† 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.
located at 5520 Traffic Way, Atascadero, CA
is currently for sale.
5520 Traffic Way, Atascadero is listed
The property was built in 1948.
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