Located in the Historic District of San Luis Obispo on coveted Mill Street, this home was built in the early 1900s with an abundance of charm and character with its inviting front porch which draws you in to sit, relax, and absorb your surroundings. Close to local shops, restaurants and the city center, this historic cottage is in a prime location on a 7,500 sq ft city lot with R-2 zoning. High ceilings, wood laminate flooring, and an abundance of natural light welcome you into this 2 bedroom 1 bath home. Interior laundry opens to backyard patio perfect for entertaining your family and guests. Currently this Historic cottage is licensed as a homestay vacation rental and is producing additional income to the homeowner. Also on this property is a licensed, permitted Tiny Home custom built by SIMPLE HOMES SIMPLE LIVING Construction. This Tiny Home is under construction and should be completed within the next few months which will add additional income to the owner. 400 sq ft of living space includes kitchen, bath, loft area, expansive windows, stackable washer/dryer unit, metal roof, air conditioning, heating and solar. The Tiny Home is sold separately for $118,000, and we have secured a reputable lender for qualified buyers. Call for more specifics details on Tiny Home purchase with property. So much potential available with this property so don't let this one pass you by. Call to set up a showing.