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Investors Dream

List Price: $529,000

Category:

Single Family Home

Bedrooms:

Bathrooms:

Year Built:

1922

Lot Size:

2 lots

Garage:

Detached

School District:

Atascadero

Square Footage:

1604

Stories:

Single

MLS#:

NS20225238

Description of Property at

5165 Palma Ave

CONTRACTOR or INVESTOR'S SPECIAL! Historic Colony home with adjacent legal lot being sold together - Zoning is residential multi-family for extra value! Craftsman styled home was built in 1922 and lovingly maintained by it's longtime owner. This charming home has hardwood flooring, original fireplace with insert and original built-in shelving. Built-in hutches in the dining room and original storage cabinets too! This house is truly a peach and it retains it's original character but it also has updated hall bathroom, separate laundry room, and a master bedroom with walk-in closet and master bath. Roof is still under warranty and forced-air heat is newer too! The home also has an enclosed porch and several alcoves that would be perfect for an office. Basement is located off the laundry room, great for storage or perhaps wine storage, anyone? Easy walking distance to downtown and public transit. Nice neighborhood with many historic homes. Adjoining lot is very buildable and utilities are in street, including sewer service. Zoned for apartments, condos or PUDs. Buyer can rent out the home and build on the lot or live in the home and keep the extra lot for privacy. Home is older and likely will not go VA of FHA. Seller prefers to sell home AS IS. Check it out!

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