380 A-D El Rio Court Ukiah CA 95482 MLS #324053019

380 A-D El Rio Court
Ukiah, CA, 95482
$720,000
Beds
0 Baths
3,750 SqFt
0.4 Acres
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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.

Property Details

Price:
$720,000
MLS #:
324053019
Status:
Active
Baths:
0
Address:
380 A-D El Rio Court
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
ukiah
City:
Ukiah
State:
CA
Finished Sq Ft:
3,750
ZIP:
95482
Lot Size:
17,279 sqft / 0.40 acres (approx)
Year Built:
1976
Days on Market:
98
List Date:
Jul 12, 2024

Interior

Exterior

Financial

Map

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Community

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380 A-D El Rio Court
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