Presenting a rare opportunity to acquire an income-generating multi-family property in the heart of Ukiah! This well-maintained asset consists of two single-story buildings situated on a fully fenced 0.28-acre lot, offering five fully-leased residential units with strong rental history. The unit mix includes three two-bedroom, one-bath apartments and two one-bedroom,… Read More one-bath apartments. All units are ground level, providing ease of access for tenants and minimizing maintenance concerns for ownership. With onsite laundry and parking, the property meets a critical tenant demand in this competitive rental market. Strategically located near Gobbi Street and Highway 101 with easy access to downtown, this asset offers long-term upside and stable cash flow. The property's configuration, tenant stability, and minimal operating complexity make it an ideal addition to any investor's portfolio, whether you're expanding your multi-family holdings or entering the market with a manageable and reliable income property. Don't miss this opportunity to secure a turnkey investment in one of Mendocino County's most sought-after rental markets! Read Less
Listing courtesy of Todd Schapmire, W Real Estate 7075709855
Listing Snapshot
Days Online
86
Last Updated
Property Type
5 Or More Units
Beds
7
Full Baths
4
Square Ft.
4,270
Lot Size
0.28 Acres
Year Built
1998
MLS Number
325077955
30 Days Snapshot Of 95482
$477k
-22%
(avg) sold price
15
-16%
homes sold
75
-15%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1998, 2 buildings, 4,270 square feet, Apartments, Garden Apartments
Foundation
Concrete Perimeter, Slab
Lot
Lot square footage: 12,097, 0.2777 acres, Sidewalk
Roof
Composition
Unit One
2 bedrooms, 4 rooms, Apartment
Unit Two
2 bedrooms, 4 rooms, Apartment
Unit Three
2 bedrooms, 4 rooms, Apartment
Unit Four
1 bedroom, 3 rooms, Apartment
Utilities
Cable Available, Cable Connected, City, Electric, Internet Available, Natural Gas Connected
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