Sold

795 Apple Avenue, Ukiah, CA 95482

Sqft
3,850

View property features, location on map, relevant school information and overview from seller's agent.

Listed byLuxe Places International Realty
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Overview

This centrally located, five-unit property in Downtown Ukiah is an excellent investment opportunity set on a LARGE 14,000+ square foot lot. The property includes one charming duplex, originally built in 1930 (but with an apparent age per the Assessor dated as 1956), and three separate identical residences constructed in 2007. The newer 3-bedroom, 2 full bath units feature cathedral ceilings, spacious kitchens, in-unit laundry rooms, recessed lighting, and are further complemented by high ceilings throughout. The entire property benefits from public water and sewer, paved on-site parking, and curb-and-gutter on the well lit street access. With below-market rents evident from the current tenants (e.g., a 3-bedroom unit renting for $1,680 and another for $1,225), there is clearly room to potentially increase future income and profitability--creating a HUGE upside! Tenants have separate meters and pay for ALL utilities directly except for one-- water/sewer has a shared meter for the duplex, which is billed by the City and passed through to the residents by management. Enjoy reliable cash flow from historical low vacancy and established tenants who pride themselves on the upkeep of their homes.

Location

Full feature list

Basic info

Property type
Multi-family
Square feet
3,850
Lot size (acres)
0.34
Year built
2007

Utilities

Heating
Ductless, Natural gas
Cooling
Window unit(s)
Sewer
Public sewer
Water
Public

Public schools

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Sourced from: Bay Area Real Estate Information Services MLS®#: 325084979 Last checked:

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