$3,780,000
bedrooms
-
bathrooms
square feet
22,211
Acreage
1.24
Open Houses
-
year built
1983
Full Baths
-
Half Baths
-
Rare opportunity for investors and developers alike, this Ukiah Valley 20-unit multi-family complex offers terrific cash flow and a stable tenant base. A 1985 subdivision converted this multi-family property into condominiums on 20 individual legal parcels, these townhomes are currently rented with strong rents. All units are 2 bedroom, 1.5 baths with a well-designed and spacious floor plan, large upstairs bedrooms with jack-and-jill bathroom and ample closets, central HVAC, fireplaces and private fenced yards. Amenities include on-site laundry facilities, in-ground pool, and carports plus additional on-site paved parking. Impeccably maintained landscaping and underground utilities create a parklike setting at the end of a cul-de-sac in a desirable centrally located neighborhood. The City of Ukiah recently approved a minor subdivision and rezoning creating a separate 1.06 acre parcel that is not included in this offering, and both parcels are now zoned Medium Density Residential (R-2). Ukiah is in the heart of Mendocino County Wine Country, under two hours to the Golden Gate Bridge and one hour north of the Sonoma County Airport.
| Location | |
| Subdivision | - |
| County | Mendocino |
| Elementary School | - |
| Middle School | - |
| High School | - |
Open houses
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MLS number: 324084737
Listing agent:
Marcia M. Lazaro
#01915451
Listing broker:
Coldwell Banker Mendo Realty
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Last update: Wednesday, April 2 2025 at 4:28 a.m. EDT
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