1165 H Street, Arcata, CA 95521

$1,900,000
7,921
SqFt

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List Price
$1,900,000
MLS#
272692
Sq. Ft
7,921
Acres
0.16
Year Built
1995

Property Description

Exceptional investment opportunity just blocks from the Arcata Plaza and minutes from Cal Poly Humboldt. This well maintained 8-unit residential building offers eight 2-bedroom/1-bath units, each with a private garage and balcony. Select units enjoy bay views, and coin-op laundry is available on site with w/d hookups in four of the garages. Current gross income is $140,652 annually with room to be increased. A brand new roof and recent repairs mean a new owner can step in with confidence. Cal Poly Humboldt drives consistent rental demand in this market, and the downtown Plaza location is among the most desirable in Humboldt County. For investors seeking greater scale, the neighboring 3-unit townhouse at 825 12th Street is available separately or as part of a combined portfolio offering.

Additional Information

County
North Bay
City
Arcata
Style
Apartments
Stories
Two
View
Bay
Roof
Shingle
Foundation
Concrete Perimeter, Slab
Lot Description
Bay View, In Town, Near Public Trans, Near Shopping
Fenced
Partial
Garage Spaces
8
Garage Description
1 - 10 Spaces, Garage, On Site, Paved, Under Cover
High School
Arcata
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Sellers Realty.