$460,000
$499,000
7.8%For more information regarding the value of a property, please contact us for a free consultation.
W 39 Van LN Willits, CA 95490
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
HOA Y/N No
Year Built 1940
Lot Size 2,901 Sqft
Acres 0.0666
Property Sub-Type 5 or More Units
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
Waterfront Description Public
Private Pool No
Building
Lot Description None
Story 2
Sewer Public Sewer
Water Public
Others
Tax ID 0052220500
Financing Other
Special Listing Condition Standard
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