650 11th Street, San Miguel, CA 93451

$650,000
4
BD
2
BA
1,591
SqFt
List Price
$650,000
MLS#
PI24072234
Status
ACTIVE
Type
Single Family Residential
Bedrooms
4
Bathrooms
2
Living Area
1,591

Property Description

**INVESTORS AND DEVELOPERS** 0.5-acre lot with 2 HOMES, both consisting of 2 bedrooms and 1 bathroom! Situated in a prime location and zoned recreational, this property offers a multitude of possibilities. The two existing homes do require some tender loving care (TLC), their potential is boundless. Alternatively, for those with grander ambitions, the option to develop 7 units awaits. With the appropriate permits and vision, this lot could be transformed into a thriving community hub. Whether you choose to add accessory dwelling units (ADUs) to the existing homes or embark on a larger-scale development project, the profit potential is immense. Adding to the appeal of this property is its location amidst a neighborhood of newly developed homes. As the area continues to grow and evolve, seize this opportunity to capitalize on the real estate market in San Miguel! Whether you're a seasoned investor or a budding developer, this property offers endless possibilities for growth and success. Schedule a viewing today and unlock the potential of this remarkable investment opportunity!

Additional Information

Year Built
1950
View
Neighborhood, Trees/Woods

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Calculator source: Real Geeks

Courtesy of Invest SLO, Hannah Kraft.