Bought with Lisa L Mack • Kobetz Realty, Inc
$1,950,000
$2,100,000
7.1%For more information regarding the value of a property, please contact us for a free consultation.
1,111 Beds
9,150 SqFt
SOLD DATE : 03/11/2022
Key Details
Sold Price $1,950,000
Property Type Multi-Family
Sub Type 5 or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 9,150 sqft
Price per Sqft $213
Subdivision Munson
MLS Listing ID 321083518
Sold Date 03/11/22
Bedrooms 1111
HOA Y/N No
Year Built 1947
Lot Size 0.996 Acres
Property Description
16 Units on 4 Separate Legal Lots with 1 Fourplex Per Lot. 4 Lots Allow for the Potential to Attain SFR 1-4 Financing on Each Fourplex, (All to Be Sold Together)--OR Finance with Commercial Loan(s). Simple to Maintain, & Under Market Rents Give a HUGE Investment UPSIDE. These Structurally Identical 1BR 1B Units are Easy to Keep Rented & Have Many Good Long Term Tenants ALL Paying Their Rent! Each 1BR Home is Approx 575 Sq Ft in Size - & Has a 234 Sq Ft Covered Carport Under the Same Roof With Potential (Subject to Further Investigation) to Convert Carports into Additional Living Space Increasing to +- 800 Sq Ft Units. Recent New Roofs are on Each Fourplex Already. The setting is Quiet & Attractive With High Trees Shading the Property in the Hub of the City! New Assessor Parcel No.'s Have Been Assigned, & Boundary Line Adjustments Recently Recorded. Actual AP's To Be Included Are 003-150-52, 53, 54, & 55. Includes additional land area for Storage, Laundry, Parking or Recreation.
Location
State CA
County Mendocino
Area Ukiah
Zoning C-1
Interior
Heating Electric
Cooling Varies by Unit, Window Unit(s)
Flooring Carpet, Linoleum, Simulated Wood, Tile, Varies by Unit
Exterior
Garage Carport
Garage Spaces 16.0
Utilities Available Cable Available, City, Electric
Roof Type Composition
Building
Foundation Slab
Sewer Public Sewer
Water Public
Schools
School District Ukiah Unified, Ukiah Unified
Others
Special Listing Condition None
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