Represented Buyer

160 S 2nd St

160 South 2nd Street, Shandon, CA 93461

$387,500

Collect rent on 3 doors! 3 homes with established tenants on one lot. Newer kitchen cabinets and granite counters in each unit with other substantial remodeling completed last year on two units. Separate Gas - Electric - Water meters and low operating costs. GRM = 8.3, Current CAP rate is 8%. Projected CAP with rents at current market is 11%! Drive-by only, do NOT disturb or approach tenants! Information deemed reliable but not guaranteed.

8
beds

3
baths

10,500 Sq.Ft. lot

Robert Sousa

title Realtor®
PHONE (805) 460-3000
EMAIL [email protected]
DRE # 01774193

Features & Amenities

Interior

total bedrooms8
Total bathrooms3
full bathrooms3

Area & Lot

Status Represented Buyer
Date Sold May 8, 2017
Total Area1,928 Sq.Ft.
Lot Area10,500 Sq.Ft.
MLS® IDNS17069955
TypeMulti-Family
YEAR BUILT1930

Financial

Sales Price$387,500

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Contact Details

ROBERT SOUSA | CA DRE# 01774193

Phone

(805) 460-3000

[email protected]

Address

1131 Monterey Street San Luis Obispo, CA 93401

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