560 Shasta Avenue, Morro Bay, CA 93442

$1,339,000
6
BD
6
BA
4,038
SqFt
Sold Price
$1,339,000
List Price
$1,339,000
Closing Date
Oct 29, 2020
Status
CLOSED
MLS#
SC20140707
Year Built
1973
Bedrooms
6
Bathrooms
6
Living Sq. Ft
4,038
Lot Size
8,712
Acres
0.2
Lot Location
Lot 6500-9999, Up Slope from Street
Days on Market
62
Property Type
Single Family Residential
Style
Traditional
Property Sub Type
Triplex
Stories
Two Level
Neighborhood
Morro Heights (810)

Property Description

Opportunity knocks! This spacious triplex in the Morro Bay Heights is in a prime location, and that's just the beginning! Each unit has 2 bedrooms 1.75 baths and an attached 2 car garage. All homes feature wonderful full harbor mouth, ocean and rock views. Recent upgrades including new paint inside and out, flooring, appliances, some counter tops and lighting are a bonus. Each unit has separate meters for all utilities and are 1,300 sq ft+. The estimated rents are $93,000 annually with a cap rate of almost 7%. Live in the single story front unit and rent the back two story units or just enjoy the income it's up to you. These type of opportunities do not come around often in our beautiful Morro Bay on the Central Coast of California!!

Additional Information

Lot Description
Biking, Fishing, Golf, Hiking, Watersports, Street Lights
Appliances
Dishwasher, Electric Range, Disposal, Gas Cooktop, Range Hood
Pool Description
None
Fireplace Description
Living Room
Heat
Wall Furnace, Forced Air
Cooling Description
None
View
Back Bay, Harbor, Rocks
Garage Spaces Total
6
Sewer
Public Sewer, Sewer Assessments
Water
Public
School District
San Luis Coastal Unified
Attached Structure
Attached
Number Of Units Total
3

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Stanley Craig from BHGRE HAVEN PROPERTIES

Listing sold by Kathleen Thomson from Rock View Realty