Willits, CA 95490,39 W Van LN
Listed by Todd Schapmire • W Real Estate
Bought with Drew Nicoll Jr • eXp Realty of California, Inc

$460,000

$499,000

7.8%
Est.Price: ?

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Est. payment /mo

121 Beds

4 Baths

2,612 SqFt


SOLD DATE : 06/06/2024

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

Parking Features Street

Building

Sewer Public Sewer

Water Public

Others

Special Listing Condition None

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agent
Milli Cannata

Broker Associate | Lic# DRE# 01990936

+1(707) 477-7839

6790 McKinley Street # 120, Sebastopol, CA, 95472

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