Multi-Family Investment Opportunity 680 N State St
4 Unit Apartment Building $1,034,764 CAD ($258,691 CAD/Unit) Ukiah, CA 95482
EXECUTIVE SUMMARY
Presenting a one of a kind investment opportunity! Four cottages that are 100% leased and wonderfully remodeled located in the middle of town but set way back off of the street overlooking Orr Creek in a park like setting. Almost one quarter of an acre with a three bedroom, one bathroom cottage and three one bedroom, one bathroom cottages. All of the units have new plumbing, new electrical, new high efficiency mini-splits, and three out of four have new roofs. Rarely do you find a multi-unit property that is updated this well! Tenants benefit from the privacy of being off the road and the convenience of being located on North State Street, the best of both worlds! Strategically located in a prime area of downtown Ukiah, this low-rise gem provides a unique chance to capitalize on the demand for quality housing in this thriving locale.
PROPERTY FACTS
| Price | $1,034,764 CAD |
| Price Per Unit | $258,691 CAD |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 1,963 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1967 |
| Opportunity Zone |
Yes |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+1 | 1 | - | - |
| 1+1 | 3 | - | - |
1 of 1
Walk Score®
Very Walkable (81)
Bike Score®
Very Bikeable (71)
PROPERTY TAXES
| Parcel Number | 002-114-37-00 | Improvements Assessment | $259,415 CAD |
| Land Assessment | $151,705 CAD | Total Assessment | $411,120 CAD |
