Investment Opportunity - Four Homes on One Parcel in Redway
Unlock the potential of this unique multi-unit investment property located at 380 Willow Ave, Redway, CA. Situated on a single parcel, this rare offering features four separate homes, presenting an exceptional opportunity for investors, contractors, or buyers looking to create long-term rental income or renovate and reposition the property.
All four homes are in need of significant repairs and renovations, making this a true value-add project for those with vision and the ability to restore these structures to their full potential. Whether you're looking to renovate and hold as income-producing rentals, explore multi-generational living possibilities, or add a unique property to your investment portfolio, the possibilities a substantial.
Conveniently located near local amenities, schools, shopping, and outdoor recreation, this property offers the chance to invest in the growing Southern Humboldt community while building equity through improvements.
Bring your tools, creativity, and imagination--properties with four homes on one lot are hard to find. This is an excellent opportunity to transform a distressed property into a valuable income-producing asset.
Property is being sold in its current "As-Is" condition. Buyers are encouraged to perform their own due diligence regarding property condition, permits, zoning, and intended use.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.