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$999,000
Est. payment /mo
7,218 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 7,218 sqft
Price per Sqft $138
MLS Listing ID 273255
Style Over 10 Units
Year Built 1929
Lot Size 9.500 Acres
Acres 9.5
Lot Dimensions 100 x 100
Property Sub-Type Multi-Family
Source Humboldt Association of REALTORS®
Property Description
Income Today. Development Potential for Tomorrow! This prized Rio Dell property offers 14 residential units spread across 9.5 acres, featuring a serene hilltop residential complex and a lush, forested hillside. Enjoy a beautiful nature trail winding down to the Eel River, where the peaceful setting truly shines. Once used as fishing cabins, the property is currently mostly rented to long term tenants, delivering ongoing income while a new owner decides how to shape the next chapter. Whether you choose to fix it up or start fresh, the tranquil setting offers incredible potential--especially with the City of Rio Dell indicating flexibility regarding proposed changes.
Location
State CA
Area 9.5
Zoning Single Family
Exterior
Parking Features 21 or More Spaces, Detached, On Site
Street Surface Gravel
Garage No
Building
Lot Description Flag, Near Shopping, River View
Water Public
Architectural Style Over 10 Units
New Construction No
Schools
Elementary Schools Rio Dell
Others
Senior Community No
Tax ID 052-111-011
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Listed by Wells Commercial R.E. & Investment
NEARBY SCHOOL & BUSINESS
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