Ming Tree, Realtors
707-445-4500   Email  

242 Grant Street, Eureka, CA 95501 - Multi Family Home

$ 899,000 On the Market Save to FavoritesSaved      


Description:

Discover this charming 7 unit Victorian-style apartment complex, a perfect blend of historic elegance and modern convenience. Over the years, the property has seen numerous upgrades, including new flooring, fresh paint, and updated kitchens and bathrooms. The seventh unit, a detached building separate from the main house, offers added privacy and flexibility.With long-term tenants in place, this property is a reliable income producer. While the exterior could benefit from some tender loving care, the potential is immense. Additionally, the property features a detached shop area, ideal for extra storage or potential conversion into another unit, complete with its own bathroom.This is a unique opportunity to invest in a well-maintained, income-generating property with significant

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Quick Facts

Total Rooms:
7
Area:
4407 sq ft
Style:
5-10 Units
Condition:
Good
Year Built:
1894
Lot Size:
0.14 acres
Garage:
Detached
Est. Payment:
$4546 / month
(20% down, 30 years @ 6.5%)
Asking Price:
$ 899,000
Days on Market:
115
Listing Office:
Ming Tree, Inc.
Listing Agent:
Malachi Herrera
Contact:
Ming Tree, Realtors
707-445-4500

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    Exterior Features:

  • Style: 5-10 Units
  • Historic Registry: No
  • Condition: Good
  • Garage: 0, Detached

    • Location Features:

  • Gated Entry: No
  • Walk Score®: 84 Very Walkable - Most errands can be accomplished on foot
  • Transit Score®: 0 Minimal Transit - It is possible to get on a bus
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Neighborhood details for 242 Grant Street, Eureka, CA 95501 - Neighborhood: Broadway Street

HousingNear HereNeighborhoodZip Code
Total Households60716219932
Median Age of Home194619481951
Median Property Value$274,324$264,746$298,234
Homes Owner Occupied18.41%21.48%39.65%
Homes Rented81.59%78.52%60.35%
Homes Vacant8.73%7.28%6.5%
Median Rent$ 782$ 695$ 719
Crime Risk (national avg is 100)Near HereNeighborhoodZip Code
Overall Crime Risk177172148
Murder Risk184183153
Assault Risk139149130
Burglary Risk193185162
Vehicle Theft Risk198197180
PeopleNear HereNeighborhoodZip Code
Population1160350322469
Male48.97%52.81%52.23%
Female51.03%47.19%47.77%
Median Age33.033.637.0
People Per Household2.172.312.4
Households with Children42.6%44.12%50.76%
Median Household Income$28,750$33,219$38,037
EducationNear HereNeighborhoodZip Code
Some High School19.41%9.7%10.19%
High School23.24%34.09%26.72%
Associate Degree10.34%11.47%8.52%
Bachelors Degree4.73%8.0%14.69%
Masters Degree3.45%3.14%4.96%
Graduate Degree3.45%3.61%6.86%
Professional Degree0.0%0.46%1.07%
Doctorate Degree0.0%0.0%0.84%
CommutingNear HereNeighborhoodZip Code
Average commute time15 minutes14 minutes15 minutes
Travel by Car90.48%90.06%83.88%
Travel by Public Transportation0.0%0.0%1.06%
Travel by Walking4.41%5.36%7.27%
Travel by Other0.0%0.0%1.02%
Work from Home0.0%1.85%3.81%
WeatherNear HereNeighborhoodZip Code
Average Annual temperature52 degrees52 degrees52 degrees
Average Annual minimum44 degrees45 degrees45 degrees
Average Annual maximum59 degrees59 degrees59 degrees
January Average Low39 degrees39 degrees39 degrees
July Average High63 degrees62 degrees62 degrees
Sunny Days per Year186 days186 days186 days
Partly Clear Days per Year78 days78 days78 days
Cloudy Days per Year7 days7 days7 days
Rainy Days per Year117 days117 days117 days
Snowy Days per Year0 days0 days0 days
Annual Rainfall40.0 in.40.79 in.40.74 in.
Annual Snowfall0 in.0 in.0 in.
Environmental (national avg is 100)Near HereNeighborhoodZip Code
Pollution Index979797
Earthquake Index646646646
Wind Index000
Hurricane Index000
Tornado Index111
Hail Index000

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Based on information from the Humboldt Association of REALTORS®, as of 10/06/2024. 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 or MLS for accuracy. All information should be independently reviewed and verified of accuracy. Properties may or may not be listed by the office/agent presenting the information. Copyright ©2024 Humboldt Association of Realtors®. All rights reserved.