Eureka, CA 95501
MLS# 259692
Status: Sold
2668 sqft
Property Description
Four desirable, attractive, charmingly hip and rustic bright French-style units with beamed ceilings, solid pine cabinets, views. Live in one and rent the others? Individual, private yards with raised garden areas, patios. 5.66% CAP rate. Tremendous upside revenue potential. Below-market rents on track to increase to $800-$900/unit (1 now @$800); $38,400-$43,200/yr, same PM since acquired. Built in 1983. Possible condo conversion (check with City). Excellent rental history; tenants pay electric. Well-maintained, low maintenance property, spacious private parking. Walk to markets, shops, Old Town Eureka, the waterfront, bus line—not to mention a few blocks to my favorite restaurant and wine bar, Brick & Fire. Halfway between Humboldt University and Community College.
Listing Office: Coldwell Banker Residential
Office Phone: 925-771-5200
Office Email: broker.record@cbnorcal.com
Listing Agent: Amba DesJardins
Agent Phone: 831-566-3444
Agent Email: amba.desjardins@cbnorcal.com
Agent Website: http://www.ambajane.com
Last Updated: May - 24 - 2022
Based on information from the Humboldt Association of REALTORS® (alternatively, from the Humboldt MS), as of (date the AOR/MLS data was obtained on .) All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be verified by broker for accuracy. Properties may or may not be listed by the office/agent presenting the information. Copyright 2020 (year) Humboldt Association of Realtors®. All rights reserved.