2515 Congress St, Old Town, CA 92110

$2,290,000
7
BD

Property Description

Back On Market-Was Temp Off Market per Seller's Request. Rare find 7 units + 1 non-conforming studio unit in the heart of Old Town. Seller financing possible* Walk to everything shops, restaurants, bistros, bars and the Trolly Station! Units consist of 2 separate free standing cottages, 2 spacious light and airy 2 bedroom 1 bath units with windows on all sides! 5 1 bedroom 1 bath units and 1 Non-Conforming Studio unit. The 2 Free Cottages are like doll houses and are being renovated and all other units are updated and move in ready. Lot is zoned commercial the possibilities are endless. All Units are Sold fully furnished. These have been run as nightly and weekly vacation rentals; ALL Rents & Expense Numbers are PROFORMA Est. *Note 1% origination fee to buyer payable to seller's broker to underwrite borrower and negotiate and arrange owner financing. A minimum of 40% down payment required.

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Courtesy of AARE, Mariangela C Manatt.

Last Updated: Source: Sandicor Regional MLS

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange(c) Program of SANDICOR Regional MLS. Real estate listings held by brokerage firms other than the listing office named includes the name of the listing brokers. Information is believed to be reliable, but not guaranteed.