816 2nd Street, Eureka, CA 95501

$798,000
4,734
SqFt
List Price
$798,000
MLS#
254786
Sq. Ft
4,734
Acres
0.15
Year Built
1893

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.

Additional Information

Style
Over 10 Units
Stories
2 Story
View
Bay
Lot Description
Bay View, In Town, Near Public Trans, Near Shopping
Fenced
Fully
Gated Entry
Yes
Garage Type
None
Garage Description
No Parking
Heating
Forced Air

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

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