Bought with Drew Nicoll Jr • eXp Realty of California, Inc
$460,000
$499,000
7.8%For more information regarding the value of a property, please contact us for a free consultation.
39 W Van LN Willits, CA 95490
121 Beds
4 Baths
2,612 SqFt
Key Details
Sold Price $460,000
Property Type Multi-Family
Sub Type 5 or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 2,612 sqft
Price per Sqft $176
MLS Listing ID 324004581
Sold Date 06/06/24
Bedrooms 121
HOA Y/N No
Year Built 1940
Lot Size 2,901 Sqft
Property Description
Cash cow investment opportunity! Nearly a 7% cap rate for a five unit apartment building in downtown Willits! Unit mix is one studio, three one-bedrooms, and a two-bedroom apartment, each with a full kitchen, separate entrance, and separate electric meters. Located downtown just a block from Main Street's restaurants and shops. Great opportunity to begin or continue building a real estate investment portfolio!
Location
State CA
County Mendocino
Area Willits
Interior
Heating Wall Furnace
Cooling Ceiling Fan(s)
Exterior
Garage Street
Building
Sewer Public Sewer
Water Public
Others
Special Listing Condition None
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