$875,000 SALE
4,586 SF
511 J St
Arcata, CA 95521

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

Property Type Multi-Family
Property Use Rental or Investment
Year Built 1913
Sub-Lease 5
Listing ID 7JZL2M
MLS ID 254844
Style Multi-Family (5-20 Units)
Building Size 4,586 SF
Lot Size 0.26 AC
Property Features
Sewer: City
Age: Over 50 Years Old
Lot Size: Under 1/2 Acre
Water: City Water