560 Shasta Avenue, Morro Bay, California CA93442-2253
6 Bed(s)6 Bath(s) 4,038 SqFt 0.200 Acres
Opportunity knocks! This spacious triplex in the Morro Bay Heights is in a prime location, and that's just the beginning! Each unit has 2 bedrooms 1.75 baths and an attached 2 car garage. All homes feature wonderful full harbor mouth, ocean and rock views. Recent upgrades including new paint inside and out, flooring, appliances, some counter tops and lighting are a bonus. Each unit has separate meters for all utilities and are 1,300 sq ft+. The estimated rents are $93,000 annually with a cap rate of almost 7%. Live in the single story front unit and rent the back two story units or just enjoy the income it's up to you. These type of opportunities do not come around often in our beautiful Morro Bay on the Central Coast of California!!
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