Amazing Opportunity! Renovated 8-unit apartment complex in Willits presents an exceptional investment opportunity. Spanning two lots, the property features eight 1-bedroom, 1-bathroom units, with four units situated in a two-story configuration. The upgrades include a replaced foundation, new staircases and decks, as well as plumbing, and electrical systems. Additionally, the property boasts new drywall, insulation, kitchens, bathrooms, flooring, heating systems, windows, doors, and siding, ensuring a turnkey investment. With a great capitalization rate, this multifamily asset is poised to deliver consistent returns for discerning investors seeking to expand their real estate portfolio in the growing Willits market.
Sold for $730,000 on 01/02/25
$730,000
362 N Main Street, Willits, CA 95490
8beds
--sqft
Multi Family
Built in 1940
-- sqft lot
$-- Zestimate®
$--/sqft
$1,495 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: January 03, 2025 at 06:21am
Listed by:
Christina Yates DRE #01933788 707-391-3800,
Luxe Places International R 707-462-1600,
Lia Patterson DRE #01828367 707-391-5420,
Luxe Places International R
Bought with:
Drew Nicoll, DRE #01784460
eXp Realty of California, Inc
Source: BAREIS,MLS#: 324031706
Originating MLS: Mendocino

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 16
- Full bathrooms: 8
Heating
- Wall Furnace
Cooling
- None
Appliances
- Included: Other
- Laundry: Common Area
Features
- Flooring: Laminate
- Windows: Dual Pane Partial
Property
Parking
- Total spaces: 10
- Parking features: Uncovered
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Has view: Yes
- View description: City, Mountain(s)
Lot
- Size: 7,683 sqft
- Features: Private, Irregular Lot
Details
- Parcel number: 0050200800
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Roof: Composition
Condition
- Year built: 1940
Utilities & green energy
- Electric: Separate Meters
- Gas: Separate Meters
- Sewer: Sewer in Street
- Water: Meter on Site, Public
- Utilities for property: City, Electricity Connected
Community & neighborhood
Location
- Region: Willits
HOA & financial
HOA
- Has HOA: No