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$525,000
Est. payment /mo
3,516 SqFt
Active
3001 Hwy 299 None Salyer, CA 95563
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Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,516 sqft
Price per Sqft $149
MLS Listing ID 266713
Style 1 Story
Year Built 1988
Lot Size 3.110 Acres
Acres 3.11
Lot Dimensions Irregular
Property Sub-Type Multi-Family
Source Humboldt Association of REALTORS®
Property Description
PRICE REDUCTION. You have got to check out this riverfront property just east of Salyer. There are so many possibilities here. With 4 homes on over 3 acres, those looking to purchase a home on the river, would have 3 other homes to rent and help with the payments. It would also make a wonderful extended family retreat on the river as well. Or if you are an investor looking for a solid investment, these four homes are currently rented at over $4,000/month. With the current asking price giving you a CAP rate of close to 7%. With all of this going for it, there is even more potential for expansion. The zoning allows for a mobile home or RV Park, so there is room to expand the income potential for a buyer that has the vision and desire to go that direction.
Location
State CA
Area 3.11
Zoning Other, Multi-Family
Exterior
Parking Features 1 - 10 Spaces, Detached, Garage, Under Cover
Garage Spaces 3.0
Total Parking Spaces 3
Garage Yes
Building
Lot Description Hills View, River View, Woods View, Mountain View
Architectural Style 1 Story
New Construction No
Others
Senior Community No
Virtual Tour https://tour.giraffe360.com/8e4e21c5c1da41c2a492d315222095b8/
Listed by Peak Realty
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