Description

This charming, highly desirable eight townhomes property is set back from the quiet street, situated on over half an acre, amongst a variety of mature trees including majestic redwoods. The property offers a quiet, serene, retreat-like environment. There are three separate buildings with one building containing two, 2 bedroom, 1 bathroom townhouse units and two buildings with three, 2 bedroom and 1.5 bathrooms townhome in each building. All but one of the units have been partially or fully updated. Additional highlights include laundry in all units, ample off-street parking with 19 spaces and a large common backyard recreation area. The buildings are all electric with individual units’ electric meters. This is a high tenant demand building. Residents appreciate the peaceful surroundings and yet so conveniently close to restaurants, shops, parks, downtown Atascadero transit options and the 101 freeway. To top it off, there is rental income upside and significant upside/value-add through future ADU development as the City of Atascadero says they would be keen to see ADU’s added to the property. Buyer to verify with the City.