$725,000
bedrooms
-
bathrooms
square feet
3,750
Acreage
0.3967
Open Houses
-
year built
1976
Full Baths
-
Half Baths
-
Below market rent leaves room for increasing future cash flow! Note the difference between the lowest rent & highest rent currently! This Fourplex 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 multiunit property, there is an added benefit of falling into the residential category of Single-Family, 1-4 Unit financing. And it has 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 and the City. 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 2023 roof. These four spacious units contain nearly 950 square feet each, and have private back yards, plus there is an excess underutilized exterior common area--leaving room for the imagination as to potentially adding other amenities to share.
Location | |
Subdivision | - |
County | Mendocino |
Elementary School | - |
Middle School | - |
High School | - |
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: 324089901
Listing agent:
Lynn McNamara
#00575586
Listing broker:
Luxe Places International Realty
All data, photos, visualizations, and information regarding a property, including the property's compliance with state and local legal requirements and all measurements and calculations of area, have been obtained from various sources, and may include such material that has been generated by use of artificial intelligence. Such information and material have not been and will not be verified for accuracy by the listing broker or the multiple listing service, and are not guaranteed as complete, accurate or reliable. Such information and material should be independently reviewed and verified for accuracy. This information and material are intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last update: Thursday, April 3 2025 at 4:43 a.m. EDT
bareis sfexaminer
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