1254 &1256 Bond Street, San Luis Obispo, CA 93405 (MLS # SC19177622)

Price $965,000
Status Active
Beds 0
Baths 0 Bath
Home size 1,090 sqft
Lot Size 9,100 sqft
Days on Market 25
This renovated duplex of 2 -1 bedroom/ 1-bath units, located 3 blocks from the Cal Poly Campus is an amazing investment opportunity! This property is situated in a high-demand rental market and serves as an excellent investment by being located in the Qualified Opportunity Zone. Take advantage of the tax deferred capital gains program only available in a select location. This duplex is in that zone. Ask your CPA for details. Currently each unit houses 3 individuals, 1 in the bedroom and 2 in the living rm, utilizing the recently built large 2-car garage space as a common living area for both units. Artificial turf in the back yard makes for a low maintenance but functional space for students. The fire pit with wrap around seating is another amenity that will have your tenants loving where they live and staying year after year. Improvements have been made to the property such as, interior paint & exterior paint as well as kitchen and bathroom improvements. Located on a large fenced in lot, plans to construct a larger single family home or expand on the current duplex have been drafted. New tenants for the 2019 - 2020 school year will be moving in and at a great rental rate.
Property Type(s): Residential Income
Last Updated 7/27/2019 Tract San Luis Obispo(380)
Year Built 1941 Community SLO - San Luis Obispo
County San Luis Obispo

Additional Details

AIR None
APPLIANCES Gas Oven, Gas Range
AREA SLO - San Luis Obispo
BASEMENT Foundation: Raised
HEAT Wall Furnace
LOT 9100 sq ft
SEWER Public Sewer
SUBDIVISION San Luis Obispo(380)
WATER Public



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Listing provided by : Traci Ferguson CalDRE: 01875751, Patterson Realty

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