$1,190,000
Investment Opportunity in South Atascadero! This unique property features four separate homes, each offering 816± sf with 2 bedrooms, 1 bathroom and an attached 1-car garage. With four existing rental units, this property offers an immediate opportunity for an investor looking to build a rental portfolio, while also providing flexibility for a variety of future uses. Continue renting all four homes, live in one while renting the others or create a multigenerational living compound for extended family. For investors looking toward future development, the property is zoned MF10 and may offer potential for additional residential development. Buyers are encouraged to contact the City of Atascadero to verify the property's zoning and explore development possibilities. Conveniently located on the south end of Atascadero, the property is close to shopping, restaurants and schools, with easy freeway access making commuting to work or school quick and convenient. A rare opportunity to acquire an income-producing property with multiple paths for both current use and future potential.
Listed by Michael Hanson with Malik Real Estate Group, Inc. (805) 462-0891
Property Type
Single Family Residence
Status
Active
MLS Number
NS26180075
Year Built
1965
Lot Size
0.52 acres
