About This Home
This 4-bedroom, 3-bathroom residential multi family at 1062 N Street in Arcata, CA is listed for $675,000 ($277 per sqft). Built in 1912, the home offers 2,440 sqft of living space on a 0.30 acres lot.
Key Features
- Built in 1912
- 0.30 acre lot
Property Details
Exceptional investment opportunity in Arcata's highly desirable Creamery District. Live in one, rent the other, and invest in your future in Arcata's vibrant community. This rare property includes 2 spacious single-family homes on one oversized lot, each currently rented at $1,850/month.
The homes are functional and well-kept, offering immediate income while leaving room for value-add improvements. Whether you're looking to offset your mortgage or build equity, this setup offers flexibility and strong potential. With high-density multifamily and Gateway zoning, this property offers exceptional potential for development, including the possibility of vertical expansion up to six stories!
Whether you're an investor, owner-occupant, or developer, this property offers flexibility, income and long-term upside in one of Arcata's most desirable neighborhoods. For 3D walk through and floor plan of House 2(green house) please visit... Buyer to conduct all due diligence and verify zoning regulations, development potential, and all property details. Square footage is based on assessor records; buyer to verify. Tenant-occupied property; 24-hour notice required for all showings.
Monthly Cost Estimate
$3,610/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1062 N Street
Arcata, CA 95521
Property Details
Flooring
Questions & Answers
This 4-bedroom, 3-bathroom residential multi family at 1062 N Street is listed at $675,000 ($277/sqft). The estimated monthly payment is $3,610 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1912, 0.30 acre lot.
This property is listed by Amber Wills and can be reached at 7076019074.