1016 F Street
Arcata, CA 95521

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Description

12 unit apartment investment opportunity awaits you in Downtown Arcata. 'Hard to beat location' that is walking distance to Cal Poly Humboldt, Safeway shopping center, Wildberries Market and the Arcata Plaza. All 12 units have two bedrooms and one an a half bath floor plans with the 1/2 bath being inside the master bedroom. Just over half of them have been updated with new flooring, interior paint, and granite countertops and new cabinets in some kitchens. One parking space for each unit that is located under a carport area on the first floor plus extra parking on the property. Separate laundry room. The newer PVC membrane roof is between 7-8 years old. Most units are at 'market rent' with a few of them below market to provide some 'upside'. Gas and electric is separately metered.

Features

• Property Type: Multi Family Home
• Sub Type: Multi-Family
• Listing Status: Active
• County/Area: Humboldt County
• Zip Code: 95521
• Year Built: 1974
• Elementary School: Arcata
• Middle School: Sunnybrae
• High School: Arcata
• Sq.Ft.: 9,504 sq ft
• Style: Over 10 Units
• Stories: 3+ Story
• Full Baths: 6
• Half Baths: 12
• Garage: 12 Car
• Lot Size: 16553 sq ft lot
• Baths: 18
• View: City Lights
• Zoning: Multi-Family
• Cross Street: 11th Street
• Directions: Located in downtown Arcata on F Street inbetween 10th and 11th Streets.
• Fencing: Partial
• Flooring: Carpeted, Vinyl
• Foundation Details: Block, Other
• Gross Income: 206100
• Heating: Yes
• Laundry Features: Washer, Shared, Dryer, Coin Op
• Levels: Three Or More
• Lot Features: In Town, Near Public Trans, Near Shopping
• Lot Size Area: 0.38
• Lot Size Square Feet: 16552.8
• MLS Area Minor: North Bay
• Main Type: Multi-Family
• Number Of Units Leased: 12
• Parking Features: 11 - 20 Spaces, On Site, Paved, Under Cover
• Possession: Close Of Escrow
• Road Responsibility: Paved, Public
• Road Surface Type: Asphalt, Concrete
• Roof: Membrane
• Sewer: Public Sewer
• Total Annual Operating Expenses: 62555