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491 4th Street, Arcata, CA 95521

$702,000
Property Type: Multi-Family Square Footage: 3,526 Lot Size (sq. ft.): 14,375 Status: Sold
Current Price: $675,000 List Date: 4/26/2022 Last Modified: 9/07/2024

Description

Looking for an investment property? This 4 plex has 4- 2 bedroom, 1 bath units that are approximately 800 sq feet each and ideally located within walking distance to amenities and bus lines. Situated on .33 of an acre, there is an onsite laundry room with single carport parking spaces and a few guest spaces. Each tenant has a small storage shed and private patio/decks. The roof was replaced in 2018 by McMurray and Sons for both the carport and the main building. Various updates to interior and replacement of appliances and water heaters. This property needs some TLC but has so much potential. Water is on a single meter. Photos were taken prior to tenant occupancy.

More Information MLS# 261659

Listing Information

Concession Remarks: Sewer Lateral was replaced. Status: Sold List Date: 2022-04-22 List Price: $675,000 Current Price: $702,000 Sold Date: 2022-06-16 Sold Price: $702,000

Property Description

Realtor.com Type: Multi Family Lot Size: .25 - .49 Acres Lot Dimensions: 0x0 Style: 2 Story Gar Stls: 4 Garage Type: Carport Lot Acres: 0.33 Appearance: Average List Price/SqFt: 191.44 Sold Price/SqFt: 199.09 Type of Property: Multi-Family

Building Description

Total Units: 4 Main House SqFt: 3526 Year Built: 1971

Location, Legal and Taxes

APN: 021-026-007

Zoning

Multi-Family: 1

Possession

At Close of Escrow: 1

RV Parking

Room for RV Parking: No

Miscellaneous

Sidewalk: Yes Security Deposit: Yes

Lot Description

Flat: 1

Utilities

Electric: 1 Separately Metered: 1 Telephone: 1 TV Cable: 1

Levels

2 Story: 1

Siding

Wood: 1

Total Units By Type

# 2 Bedroom Units: 4 # Full Baths: 4 # of Heating Units: 4 # of Ranges: 4 # of Refrigerators: 4 # of Water Heaters: 4 Annual Gross Income: 35500

Foundation

Concrete Perimeter: 1

Construction

Wood Frame: 1

Road

Paved: 1 Public: 1

Roof

Membrane: 1 Other: 1

Insulation

Unknown: 1

Financing Terms

Cash: 1 Conventional: 1

Driveway

Concrete: 1

Parking

1 - 10 Spaces: 1 On Site: 1 Under Cover: 1

Heating

Wall: 1

Kitchen

Dining in Kitchen: 1 Hood: 1 Refrig: 1

Water

Public: 1

Sewer

Public: 1

Living

Deck Off: 1

Laundry

Coin Op: 1 Shared: 1

Flooring

Carpeted: 1 Vinyl: 1

Location Legal and Taxes

Area: North Bay House Number: 491 Street Name: 4th Street Suffix: Street Sub-Area: Arcata State: CA Zip Code: 95521 Cross Street: E Street

Property Features

Zoning: Multi-Family Possession: At Close of Escrow Levels: 2 Story Parking: 1 - 10 Spaces; On Site; Under Cover Kitchen: Dining in Kitchen; Hood; Refrig Living: Deck Off Foundation: Concrete Perimeter Laundry: Coin Op; Shared Siding: Wood Roof: Membrane; Other Insulation: Unknown Heating: Wall Construction: Wood Frame Driveway: Concrete Water: Public Sewer: Public Lot Description: Flat Road: Paved; Public Utilities: Electric; Separately Metered; Telephone; TV Cable Flooring: Carpeted; Vinyl Financing Terms: Cash; Conventional
Listing Office: Cottage Realty
IDX
Last Updated: September - 07 - 2024
Broker Attribution: Kyra@cottage-realty.com

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 2020 (year) Humboldt Association of Realtors®. All rights reserved.