$525,000
Salyer, CA 95563
MLS# 266713
3516 sqft
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Property Description
PRICE REDUCTION. You have got to check out this riverfront property just east of Salyer. There are so many possibilities here. With 4 homes on over 3 acres, those looking to purchase a home on the river, would have 3 other homes to rent and help with the payments. It would also make a wonderful extended family retreat on the river as well. Or if you are an investor looking for a solid investment, these four homes are currently rented with the current asking price giving you a CAP rate of close to 7%. With all of this going for it, there is even more potential for expansion. The zoning allows for a mobile home or RV Park, so there is room to expand the income potential for a buyer that has the vision and desire to go that direction.
Details
Maps
Property Description
Realtor.com Type: Multi Family
Lot Size: 3 - 3.99 Acres
Lot Dimensions: Irregular
Accessory Dwelling Unit: Yes
Style: 1 Story
Gar Stls: 3
Garage Type: Carport
Lot Acres: 3.11
Appearance: Good
List Price/SqFt: 149.32
Type of Property: Multi-Family
Building Description
Total Units: 4
Main House SqFt: 3516
Year Built: 1988
Location, Legal and Taxes
APN: 008-440-013
ADU Type
ADU: 1
ADU Detail
Living Area: 960
Living Area Source: Owner
Occupied Y/N: Yes
Permitted Y/N: Yes
Parking Y/N: Yes
Rented Y/N: Yes
Rent $: 1000
Separate Address Y/N: No
Electric Meter: Yes
Gas Meter: Yes
Water Meter: No
Beds: 2
Baths: 1
Entry Level: One
ADU Kitchen Features
Kitchen Island: 1
Zoning
Multi-Family: 1
Other: 1
Possession
At Close of Escrow: 1
RV Parking
Room for RV Parking: Yes
Miscellaneous
Sidewalk: No
Lot Description
Hills View: 1
River View: 1
Woods View: 1
Mountain View: 1
Levels
One Story: 1
Total Units By Type
# 1 Bedroom Units: 1
# 2 Bedroom Units: 2
# 3 Bedroom Units: 1
# Full Baths: 5
# of Heating Units: 4
# of Ranges: 4
# of Refrigerators: 4
# of Water Heaters: 4
GRM: 126
Annual Gross Income: 45600
Annual Expenses: 8500
Financing Terms
Cash: 1
Conventional: 1
Owner Carry 1st: 1
Parking
1 - 10 Spaces: 1
Detached: 1
Garage: 1
Under Cover: 1
Listing Information
Status: Active
List Date: 2024-05-07
List Price: $525,000
Current Price: $525,000
Location Legal and Taxes
Area: North East County
House Number: 3001
Street Name: Hwy 299
Street Suffix: None
Sub-Area: Salyer
State: CA
Zip Code: 95563
Cross Street: Hwy 299
Property Features
ADU Type: ADU
ADU Kitchen Features: Kitchen Island
Zoning: Multi-Family; Other
Possession: At Close of Escrow
Levels: One Story
Parking: 1 - 10 Spaces; Detached; Garage; Under Cover
Lot Description: Hills View; River View; Woods View; Mountain View
Financing Terms: Cash; Conventional; Owner Carry 1st
Listing Office: Peak Realty
Last Updated: October - 03 - 2025
Based on information from the Humboldt Association of REALTORS® (alternatively, from the Humboldt MS), as of (date the AOR/MLS data was obtained on .) 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 for accuracy. Properties may or may not be listed by the office/agent presenting the information. Copyright 2020 (year) Humboldt Association of Realtors®. All rights reserved.
Broker Attribution:
707-498-3856