1062 N Street, Arcata, CA 95521

Property Description

Exceptional investment opportunity in Arcata's highly desirable Creamery District. Live in one, rent the other, and invest in your future in Arcata's vibrant community. This rare property includes 2 spacious single-family homes on one oversized lot, each currently rented at $1,850/month. The homes are functional and well-kept, offering immediate income while leaving room for value-add improvements. Whether you're looking to offset your mortgage or build equity, this setup offers flexibility and strong potential. With high-density multifamily and Gateway zoning, this property offers exceptional potential for development, including the possibility of vertical expansion up to six stories! Whether you're an investor, owner-occupant, or developer, this property offers flexibility, income and long-term upside in one of Arcata's most desirable neighborhoods. For 3D walk through and floor plan of House 2(green house) please visit... https://www.zillow.com/view-imx/dd8dedc8-4ea6-4f09-ae0d-271f0780584b/?utm_source=captureapp Buyer to conduct all due diligence and verify zoning regulations, development potential, and all property details. Square footage is based on assessor records; buyer to verify. Tenant-occupied property; 24-hour notice required for all showings.