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Listed by Lynn McNamara • Luxe Places International Realty

$720,000

Est. payment - /mo

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2,222 BD

4 BA

3,750 SqFt

Active

380 El Rio CT #A-D Ukiah, CA 95482

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Deanna Deckard

deanna@deannadeckard.com +1(707) 718-7757

UPDATED:

11/05/2024 07:27 PM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

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

Bay Area Real Estate Info Services (BAREIS)

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Deanna Deckard

Broker | License ID: 01374860

+1(707) 718-7757