380 El Rio CT #A-D Contingent Save Request In-Person Tour Request Virtual Tour
Ukiah,CA 95482
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Contingent
Purchase Type For Sale
Square Footage 3,750 sqft
Price per Sqft $192
MLS Listing ID 324053019
Bedrooms 2222
HOA Y/N No
Year Built 1976
Lot Size 0.397 Acres
Property Description
Substantially below market rents leaves room for increasing future cash flow! Note the difference between the lowest rent & highest rent currently! Huge potential at an already economically competitive price! This could be all for investment or a homebuyer could buy to live in one & rent the others to offset their payments. Plus, as a Fourplex, there is the added benefit of falling into the residential category of Single-Family, 1-4 Unit financing. It's a huge R-2 lot! In fact, there might even be room for an additional unit(s) subject to a prospective Buyer's own further investigation & conclusions after verifying with land planning specialists, surveyors, the City, zoning requirements & the like. There are existing carports plus street parking, sidewalks, curb, and gutter. City services include sewer, water, & trash--plus there is a separate coin-operated laundry room for tenants to use. Stucco exterior provides easy maintenance & superior sound proofing, plus there are many recent upgrades including a newer roof. These four spacious units contain nearly 950 square feet each, and have private back yards, plus there is excess underutilized common area--leaving room for the imagination as to potentially adding other amenities to consider.
Location
State CA
County Mendocino
Area Ukiah
Zoning R-2
Interior
Heating Wall Furnace
Cooling Window Unit(s)
Flooring Carpet,Laminate,Linoleum,Varies by Unit
Exterior
Exterior Feature Fenced Yard
Garage Covered,Off Street,Street
Garage Spaces 4.0
Utilities Available Cable Available,City,Internet Available,Natural Gas Connected
Roof Type Composition
Building
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Craftsman
Schools
School District Ukiah Unified,Ukiah Unified,Ukiah Unified
Others
Special Listing Condition None