$798,000
816 2nd Street
Eureka, CA 95501
MLS# 254786
4734 sqft


816 2nd Street, Eureka, CA 95501
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Property Description
This Old Town investment property is truly something special! Two buildings and a converted carriage house comprise 17 quaint studios with solid rental history. The longtime on-site manager is hands on, keeping the property well-maintained and fostering an air of community among the residents. The common patio and gardens reflect the pride & care shown by all of the tenants. Situated in the OR Zone, within blocks of the Adorni Center, public transportation and the waterfront trail, the property is a showcase of affordable, peaceful living. Offered at a 6% cap rate and situated in a qualified Federal Opportunity Zone.

Details
Maps
Listing Information
Status: Active
List Date: 2019-08-27
List Price: $798,000
Current Price: $798,000
Property Description
Type of Property: Multi-Family
Realtor.com Type: Multi Family
Style: Over 10 Units
Garage Type: None
Lot Size: City
Lot Dimensions: 60x110
Lot Acres: 0.15
Appearance: Good
Building Description
Main House SqFt: 4734
Historic Registry: Yes
Gated Entry: Yes
Total Units: 17
Year Built: 1893
Location, Legal and Taxes
Area: South Bay
House Number: 816
Street Name: 2nd
Street Suffix: Street
Sub-Area: Eureka
State: CA
Zip Code: 95501
Cross Street: I
Book: 001
Page: 131
Parcel: 002
RV Parking
Room for RV Parking: No
Miscellaneous
Sidewalk: Yes
Security Deposit: Yes
Total Units By Type
# Studio Units: 17
# Full Baths: 9
# of Refrigerators: 17
Property Features
View: Bay
Fenced: Fully
Zoning: Multi-Family; Coastal
Possession: At Close of Escrow
Levels: 2 Story
Parking: No Parking
Kitchen: Refrig
Heating: Forced Air
Lot Description: Bay View; In Town; Near Public Trans; Near Shopping
Road: Public; Sidewalks
Financing Terms: Cash; Conventional; Exchange

Last Updated: August - 29 - 2019

816 2nd Street, Eureka, CA 95501 - MLS# 254786

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 2016 (year) Humboldt Association of Realtors®. All rights reserved.

Friday 22nd of November 2019 10:47 AM

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