Description
Are you looking for a great investment opportunity? Look no further than this charming single-family home located on the side of Madonna Mountain with breathtaking views of Bishops Peak and walking distance from Cal Poly campus! This +/- 1450 sqft home was built in 1959 on a +/- 6500 sqft lot. It features 4 spacious bedrooms, 2 full baths, a large living room with a log fireplace and a nicely sized kitchen. The front patio is the perfect place to entertain guests or enjoy a quiet evening at home with spectacular sunset views. Attached 2 car garage with additional driveway and street parking. This property is currently leased out to Cal Poly students through July 31, 2023 for $3,800/month and has a renewed leased agreement from August 1, 2023, through July 2024 for $4,100/month. This means that you can start earning passive income immediately! In the future, you can even use it as a retirement property.
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4BEDS
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0.15ACRES
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2BATHS
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01/2 BATHS
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1,450SQFT
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$620$/SQFT
Description
Are you looking for a great investment opportunity? Look no further than this charming single-family home located on the side of Madonna Mountain with breathtaking views of Bishops Peak and walking distance from Cal Poly campus! This +/- 1450 sqft home was built in 1959 on a +/- 6500 sqft lot. It features 4 spacious bedrooms, 2 full baths, a large living room with a log fireplace and a nicely sized kitchen. The front patio is the perfect place to entertain guests or enjoy a quiet evening at home with spectacular sunset views. Attached 2 car garage with additional driveway and street parking. This property is currently leased out to Cal Poly students through July 31, 2023 for $3,800/month and has a renewed leased agreement from August 1, 2023, through July 2024 for $4,100/month. This means that you can start earning passive income immediately! In the future, you can even use it as a retirement property.
Based on information from California Regional Multiple Listing Service, Inc. as of 2023-06-10T15:30:15.86. 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 deemed reliable but is not guaranteed accurate by the MLS or Accardo Real Estate Associates | Compass. Licensed in the State of California, USA.