$1,312,500
$1,499,000
12.4%For more information regarding the value of a property, please contact us for a free consultation.
6,969 Sqft Lot
SOLD DATE : 07/12/2023
Key Details
Sold Price $1,312,500
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Town Of El Morro(830)
MLS Listing ID SC23053794
Sold Date 07/12/23
HOA Y/N No
Year Built 2003
Lot Size 6,969 Sqft
Property Description
This is a Morro Bay, One of a kind, Mixed-Use Duplex in a fantastic location. This Commercial / Residential property is in excellent condition and offers the owner many options. Consisting of 1197 and 1199 Main St, you can live and work or operate both units as long or short term rentals, or many other options.
1199 Main St is a commercial Property of appx 1500 sf with domestic privileges and registered as a short-term rental. It has a large kitchen, a large bathroom and multiple sleeping areas. It has a beautiful living room area with a gas fireplace and a large secondary room which can be used for living or for a garage. There are a total of 7 off street parking spaces.
1197 Main has its entry on Surf street and is appx 2000 sf. On the lower lever it has a large kitchen, bedroom/office, large bathroom and laundry area. The upstairs has 2 bedrooms, a living room, a family room and a 2nd bathroom. It also has a deck that overlooks Morro Bay and the Rock.
Property has incredible income potential as an Airbnb. Owner says rates of $500-700 per night per unit based on his research. Buyer to verify. Call your agent today to schedule an appointment to see this today.
Location
State CA
County San Luis Obispo
Area Mrby - Morro Bay
Zoning C1
Interior
Fireplace No
Laundry Inside
Exterior
Garage Spaces 1.0
Garage Description 1.0
Pool None
Community Features Biking, Foothills, Fishing, Golf, Hiking, Park, Street Lights, Sidewalks, Water Sports
Total Parking Spaces 1
Private Pool No
Building
Lot Description Corner Lot
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 066024020
Acceptable Financing Cash, Cash to New Loan, Owner May Carry
Listing Terms Cash, Cash to New Loan, Owner May Carry
Financing Cash to Loan
Special Listing Condition Standard
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Bought with Jay Chiasson • Navigators Real Estate
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Broker Associate | Lic# 01905244