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Santa Maria,CA 93458
Key Details
Property Type Townhouse
Sub Type Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 1,026 sqft
Price per Sqft $414
MLS Listing ID PI-25233638
Bedrooms 2
Full Baths 1
Half Baths 1
HOA Fees $150/mo
Year Built 1984
Lot Size 10,000 Sqft
Property Sub-Type Townhouse
Source California Regional Multiple Listing Service (CRMLS)
Property Description
RENOVATED AND CASH FLOWING! This upgraded townhome is already generating $3,000/month in rental income, offering solid cash flow from day one. This property delivers immediate returns with minimal overhead and an 8.5% CAP rate. Although the ROI is great, the renovations and move-in-ready condition make it a perfect starter home as well! Inside, you'll find brand-new carpet and flooring, fresh interior paint, and new kitchen & bathroom countertops that elevate the space. The main level features a sunlit living room with a stone fireplace, a half bathroom, and a dining area that opens to a spacious, newly fenced private patio with direct access to the private 2-car carport. Upstairs are two large bedrooms, each with WALK-IN CLOSETS, built-in linen storage, and a shared tub/shower bathroom. This property comes with the WASHER AND DRYER INCLUDED, along with all kitchen appliances, making it ready for its next lucky owner. The kitchen is clean and functional with a new refrigerator, a functional dishwasher, beautiful countertops, and modern touches throughout. Located in a desirable complex with LOW HOA dues, this is a low-maintenance, high-yield asset. Schedule a showing to see your next home or investment!
Location
State CA
County Santa Barbara
Area Smia - Santa Maria
Interior
Interior Features Attic Fan,Open Floorplan,Pantry,Kitchenette,Quartz Counters,Remodeled Kitchen,Utility Sink,Walk-In Pantry
Heating Central
Cooling None
Flooring Carpet,Laminate,Tile
Fireplaces Type Family Room,Gas,Living Room
Inclusions Washer, Dryer, Refrigerator
Laundry Dryer Included,In Closet,Inside,Upper Level
Exterior
Parking Features Carport,Concrete,Detached Carport,Driveway
Pool None
Community Features Sidewalks,Storm Drains,Street Lights
Utilities Available Sewer Connected,Water Connected,Cable Available,Electricity Connected,Natural Gas Connected,Phone Available
View Y/N No
View None
Building
Lot Description Sprinklers,Corner Lot,Corners Marked,Front Yard,Landscaped,Lawn,Level with Street,Lot 20000-39999 Sqft,Near Public Transit,Sprinkler System,Sprinklers On Side,Walkstreet,11-15 Units/Acre
Sewer Public Sewer