Portfolio Opportunity! An exceptional chance to acquire two neighboring income properties in one of Humboldt County's most sought-after locations, just blocks from the Arcata Plaza and minutes from Cal Poly Humboldt. Available as a portfolio or separately, this offering represents significant scale and flexibility for investors. It includes a 3-unit townhouse and an 8-unit apartment building totaling 11 units, with a combined gross income of $200,196 annually. Each property has received recent capital improvements including brand new roofs, and both have been conscientiously maintained. Tenants across both properties are long-standing, reflecting the quality of the units and the strength of the location. Units range from 2-bedroom/2.5-bath townhomes with in-unit washer/dryers and private garages to 2-bedroom/1-bath apartments with garages, balconies, and select bay views. The townhouse building has an owner's utility room and the apartments have two separate laundry rooms with a coin op washer and non coin op dryer in addition to some washer/dryer hookups in the private garages. Cal Poly Humboldt and proximity to the Arcata Plaza keep rental demand strong and steady in this market.
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