Jeremiah Moersch REALTOR®
Office: 760-533-2540
650 11th Street, San Miguel
$650,000
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4 Beds
2 Baths
½ Acre
0 Garage
**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!
Essential Information
- MLS® #
- PI24070264
- Price
- $650,000
- Bedrooms
- 4
- Bathrooms
- 2.00
- Acres
- 0.50
- Year Built
- 1950
- Type
- Residential Income
- Sub-Type
- Single Family Residence
- Style
- Ranch
- Status
- Active
Community Information
- Address
- 650 11th Street
- Area
- SMIG - San Miguel
- City
- San Miguel
- County
- San Luis Obispo
- Zip Code
- 93451
- Community Features
- Biking
- Senior Community
- N
Amenities
- View
- Neighborhood, Trees/Woods
- Pool
- None
Utilities
Cable Available, Electricity Connected, Natural Gas Available, Phone Available, Sewer Connected, Water Connected, Overhead Utilities, Propane
Parking
Attached Carport, Covered, Driveway, Gravel, Driveway Level
Garages
Attached Carport, Covered, Driveway, Gravel, Driveway Level
Interior
- Heating
- Wall Furnace, Propane
- Fireplaces
- None
- # of Stories
- 1
- Stories
- One
Interior Features
Beamed Ceilings, Unfurnished, All Bedrooms Down, Bedroom on Main Level, Attic, Unfinished Walls
Exterior
- Exterior
- Wood Siding, Concrete, Plaster
- Windows
- Wood Frames
- Construction
- Wood Siding, Concrete, Plaster
- Foundation
- Slab
Lot Description
Back Yard, Corner Lot, Level, Rectangular Lot, Street Level, Yard, Flag Lot, 6-10 Units/Acre, Value In Land
Additional Information
- Date Listed
- March 22nd, 2024
- Days on Market
- 23
Listing Details
- Agent
- Hannah Kraft
- Office
- Invest SLO
LISTING MAP
Based on information from California Regional Multiple Listing Service, Inc. as of May 11th, 2024 at 5:25pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.