Description

Welcome to 770 and 772 Beverly! Fully upgraded duplex investment opportunity in Nipomo offering strong income potential and long-term durability. This property consists of two 2-bedroom, 1-bath units with separate entrances, separate driveways, independent laundry facilities and each with their own yard! The lower permitted ADU is currently rented at $2,300/month. The upper unit was previously rented at $2,450, which would give this duplex an 8.0% CAP Rate. Many of the maintenance items have been recently upgraded for peace of mind to the new owners. Both units feature all-new PEX water supply lines and new ABS drain lines, with drainage replaced to the street connection. The lower ADU received a complete electrical replacement including GFCI and AFCI protection. The upper unit includes panel upgrades and added GFCI protection. A Sense energy monitor is installed on the downstairs sub-panel for separate usage tracking. The upper unit recent upgrades include new cabinetry, new windows, new furnace with digital thermostat, new water heater and ceiling fan. Both units have waterproof, rubber backed luxury vinyl plank flooring for durability and sound control. If you are looking to invest on the central coast, this is the home for you.

Property details

Bedrooms

4

Bathrooms

2

Square feet

1,918

Year built

1964

Property type

Residential

Lot size

6,098 sqft

Location

770 & 772 Beverly • Nipomo, CA 93444

More homes for sale and rent in Nipomo, CA →

Listed by

Kyle Perhac · Home & Ranch Sotheby's Intl

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Closed sales reported in 93444, nearest first, last 12 months. All recent sales in Nipomo →

4-Bedroom Residential - 770 & 772 Beverly, Nipomo, CA