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$865,000 Active Under Contract

527 Branch Street
San Luis Obispo, CA 93401

3 units | Multi Family Home
8934 sq ft - MLS# SP18151962
Property Photo
1/19

Description

Older home built in 1930's with numerous upgrades but has retained the charm of yesteryear, plus A newer duplex built in 1990, close to shopping easy freeway access duplex units at 480 sq. ft. each. rent is $1100 & 850 House income is $1600 per month. Property joins 526 South with A triplex of three 1 bedroom units which may also be purchased for additional $840000, both properties have their own APN # for easy financing. information deemed reliable but no warranties or guarantees.

Features

  • Area: SLO - San Luis Obispo
  • Average 1 Bed Area: 485
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet
  • Building Area Total: 1600.00
  • Building Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Community Features: Sidewalks
  • Country: US
  • Directions: Take Branch St. going West 2 blocks from Broad on left side of st.
  • Gardener Expense: 3800.00
  • Gross Income: 37000.00
  • Gross Operating Income: 37000.00
  • Gross Scheduled Income: 42180.00
  • Insurance Expense: 450.00
  • Listing Agent License: 01031282
  • Listing Office License: 00577121
  • Listing Status: Active Under Contract
  • Lot Features: 2-5 Units/Acre
  • Lot Size: 0.2051
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • MLS: CRM
  • Net Operating Income: 37000.00
  • New Taxes Expense: 1.10
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Operating Expense: 5180.00
  • Property Attached YN: Yes
  • Property Type: Multi Family Home
  • Sewer: Public Sewer
  • Stories: Two
  • Stories Total: 2
  • Sub Type: Multi Family Home
  • Subdivision: San Luis Obispo(380)
  • Subdivision/Neighborhood: San Luis Obispo(380)
  • Total Actual Rent: 42180.00
  • Total Expenses: 5180.00
  • Trash Expense: 640.00
  • Units: 3
  • Water Sewer Expense: 232.00
  • Water Source: Public
  • Year Built: 1930
  • Year Built Source: Appraiser
  • Zip Code: 93401
  • Zoning: R2

Courtesy of:

and our Morro Bay Affiliate & second location

Morro Bay Real Estate Partner

San Luis Obispo Realty
805-544-9161
info@san-luis-obispo-realty.com
441 Marsh Street
San Luis Obispo, CA 93401

CA BRE# 00577121

 

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