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 $142K+ annually with room to be increased. The brand new roof, hot water heaters 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.
Listing courtesy of Coldwell Banker Sellers Realty.