650 11th Street

San Miguel, CA 93451
$625,000
1591 sqft | 4 beds | 2 baths | 0.50 acres | #PI24072234
Courtesy of Invest SLO

Description

**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!

  • Interior Details
    • Interior Features
      • Interior:BeamedCeilings, BreakfastArea, Unfurnished, UnfinishedWalls, AllBedroomsDown, Attic, BedroomOnMainLevel
    • Beds & Baths
      • Bedrooms:4
      • Bathrooms:2
      • Full Baths:2
  • Property Details
    • Property
      • View:Neighborhood, TreesWoods
      • Stories:1
      • Lot description:SixToTenUnitsAcre, BackYard, CornerLot, FlagLot, FrontYard, Level, RectangularLot, StreetLevel, ValueInLand, Yard
    • Measurements
      • Acres:0.5
      • Square Feet:1591
  • Construction Details
    • Type & Style
      • Property type:Purchase
    • Condition
      • Year built:1950
    • Material information
      • Foundation:Slab
  • Utilities / Energy Details
    • Utility
      • Sewer information:PublicSewer
      • Utility source:Public
      • Utility features:CableAvailable, ElectricityConnected, NaturalGasAvailable, Propane, PhoneAvailable, SewerConnected, WaterConnected, OverheadUtilities
  • Community and Neighborhood Details
    • Location
      • School district:San Miguel Joint Union
      • County:San Luis Obispo
  • Financial Details
    • Pricing Details
      • Original List Price:$650, 000
  • Other
    • Source
      • MLS #:PI24072234

Location

Move Fast Move Now with John Reyes & Margie KossmanMove Fast Move Now with John Reyes & Margie Kossman
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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