Listing Courtesy of: BAREIS / W Real Estate Santa Rosa / Todd Schapmire

39 W Van Lane Willits, CA 95490

Pending (63 Days)

$499,000

BED

BATH

2,612

SQFT

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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!

MLS #:
324004581

Lot Size
2,901 SQFT

Type
Multifamily

Year Built
1940

County
Mendocino County

Listed By

Todd Schapmire, DRE #01414195, W Real Estate Santa Rosa

Source
BAREIS
Last checked Apr 28 2024 at 9:48 PM GMT+0000

Bathroom Details

Full Bathrooms: 4

Lot Information

None

Heating and Cooling

Wall Furnace
Ceiling Fan(s)

Utility Information

Sewer: Public Sewer

Living Area

2,612 sqft

Additional Listing Info

Buyer Brokerage Commission: 2.5

Location

Map View | Street View

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