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Browse More Listings in Multifamily For Sale, Arcata, CA or California

Multifamily Property For Sale

549 G Street

549 G Street, Arcata, CA 95521

Price:
$549,000
No. Units:
3
Building Size:
3,851 SF
Price/Unit:
$183,000
Property Type:
Multifamily
Property Sub-type:
Duplex/ Triplex/ Fourplex
Property Use Type:
Investment
Commission Split:
2%
Cap Rate:
6%
Gross Rent Multiplier:
13.46
Occupancy:
100%
No. Stories:
2
Year Built:
1905
Tax ID / APN #:
021-113-006
Find Out More...

Last Verified 11/5/2009 Listing ID 16458929

Highlights

Dowtown, close to everything
Close proximity to Humboldt State University
Easy rentals, Well maintained

Tons of character
Beautiful, historic converted home
2 year old roof, new central heat in one unit. Many updates

Description

Beautiful Arcata landmark. Downtown, just south of the Plaza. Walk everywhere. 3 units, easy rentals. Each unit has its own yard. A studio, one bedroom and very large 3-4 bedroom. Lots of updates. Each unit has tons of personality. Wood floors throughout most. Most exterior porches were recently rebuilt. New roof. Great condition.

This turn of the century building is located in the heart of Arcata and is easy walking distance to Humboldt State University and just about all shops and groceries.

Financial Summary

Unit Mix Information

Proforma
Year
2008
Scheduled Gross Income
$40,800
Effective Gross Income
$40,392
Operating Expenses
$10,509
Net Operating Income
$29,883
Pre-Tax Cash Flow
$29,883

Description	No. Units	Avg. Mo. Rent
Large 3-4 bedroom	1	$1,750
Large Studio	1	$825
One Bedroom	1	$825

Map of 549 G Street, Arcata, CA 95521 (Humboldt County)

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Created 11/4/2009

Additional Information for 549 G Street, Arcata, CA 95521

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 0 Historic Listing
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Multifamily Property For Sale -

549 G Street, Arcata, CA, 95521