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Key Details
Sold Price $365,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,139 sqft
Price per Sqft $320
MLS Listing ID 268011
Sold Date 03/11/25
Style Fourplex
Half Baths 4
Year Built 1937
Lot Size 6,534 Sqft
Acres 0.15
Lot Dimensions 000/000
Property Sub-Type Multi-Family
Source Humboldt Association of REALTORS®
Property Description
Just appraised at $425,000! This 4-plex presents an exceptional income opportunity with a proven rental history. Generating gross annual rents of over $42,000—and with even greater potential—Cap Rates this high are rare to find. The property includes a detached 2-bedroom single-family home, a detached 1-bedroom single-family home, and a duplex with spacious 1-bedroom units, all situated on the same parcel. Each unit has been freshly painted and features its own private yard, enhancing tenant appeal. Investment properties like this don't stay on the market for long—don't miss out!
Location
State CA
Area 0.15
Zoning Multi-Family
Exterior
Fence Partial
Roof Type Shingle
Garage No
Building
Sewer Public Sewer
Water Public
Architectural Style Fourplex
New Construction No
Schools
Elementary Schools Rio Dell
High Schools Fortuna
Others
Senior Community No
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