511 & J Street, Arcata, CA 95521 - Multi Family Home

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Description:

Excellent investment opportunity with 2 homes, a cottage and a warehouse / shop located on 2 parcels. Located in downtown and walking distance to the Arcata Plaza, shopping center and lots of other services. Gross income is estimated at $5,300/month. 511 J Street has unit A (2 bedroom, 1 bath @ $1,020/month) and unit B (1 bedroom, 1 bath @ $785/month); 581 J Street is a cottage @ $875/month (1 bedroom and loft); 1009 6th Street is a 4-bedroom home @ $2,120/month; and the shop / warehouse (proforma @ $500/month) in-between could potentially be an additional residential unit(s) or used as a warehouse. **Owner will carry back the paper for a strong buyer and good downpayment. **Buyer should verify / confirm building square footages.

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Quick Facts

Total Rooms:
5
Area:
4586 sq ft
Style:
5-10 Units
Condition:
Good
Year Built:
1913
Lot Size:
0.26 acres
Garage:
None
Asking Price:
Sold
Days on Market:
94
Listing Office:
C.B. Commercial Pacific Partners Real Estate

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    Exterior Features:

  • Style: 5-10 Units
  • Condition: Good
  • Garage: None, 0
  • Walk Score®: 0 Car-Dependent - Almost all errands require a car
  • Transit Score®: 0 Minimal Transit - It is possible to get on a bus
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Based on information from the Humboldt Association of REALTORS®, as of 08/04/2020. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be verified by broker or MLS for accuracy. All information should be independently reviewed and verified of accuracy. Properties may or may not be listed by the office/agent presenting the information. Copyright ©2020 Humboldt Association of Realtors®. All rights reserved.