Exceptional investment opportunity just blocks from the Arcata Plaza and minutes from Cal Poly Humboldt. This well maintained 8-unit residential building offers eight 2-bedroom/1-bath units, each with a private garage and balcony. Select units enjoy bay views, and coin-op laundry is available on site with w/d hookups in four of the garages. Current gross income is $140,652 annually with room to be increased. A brand new roof and recent repairs mean a new owner can step in with confidence. Cal Poly Humboldt drives consistent rental demand in this market, and the downtown Plaza location is among the most desirable in Humboldt County. For investors seeking greater scale, the neighboring 3-unit townhouse at 825 12th Street is available separately or as part of a combined portfolio offering.
50 days
|
320
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9
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Zillow last checked:
Listing updated:
Listed by:
Belia Stephens707-822-5971,
Coldwell Banker Sellers Realty
Source: HBMLS,MLS#: 272692
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 16
Bathrooms: 8
Heating
Natural Gas, Wall Furnace
Appliances
Included: Gas, Range Hood, Free-Standing Refrigerator