Multi-Family Space For Sale @ 511 J St

511 J St, Arcata, CA 95521

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Matt K.

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Excellent investment opportunity with 2 homes, a cottage and a warehouse / shop located on 2 parcels. Located in downtown and walking distance to the Arcata Plaza, shopping center and lots of other services. Gross income is estimated at $5,300/month. 511 J Street has unit A (2 bedroom, 1 bath @ $1,020/month) and unit B (1 bedroom, 1 bath @ $785/month); 581 J Street is a cottage @ $875/month (1 bedroom and loft); 1009 6th Street is a 4-bedroom home @ $2,120/month; and the shop / warehouse (proforma @ $500/month) in-between could potentially be an additional residential unit(s) or used as a warehouse. **Owner will carry back the paper for a strong buyer and good downpayment. ** Buyer should verify / confirm building square footages. Sale includes 2 APN: 021-167-004 & 021-167-005.
DO NOT DISTURB TENANTS. Direct all questions and showing requests to CBC Pacific Partners Real Estate

Listing company: CBC Corporate

Pricing: $875,000

Availability: Now

Listing ID: 2271024


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Sale Price: $875,000

Type: Multi-Family Space

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