Multi-Family Property

Description:

Presenting a rare opportunity to acquire an income-generating multi-family property in the heart of Ukiah! This well-maintained asset consists of two single-story buildings situated on a fully fenced 0.28-acre lot, offering five fully-leased residential units with strong rental history. The unit mix includes three two-bedroom, one-bath apartments and two one-bedroom, one-bath apartments. All units are ground level, providing ease of access for tenants and minimizing maintenance concerns for ownership. With onsite laundry and parking, the property meets a critical tenant demand in this competitive rental market. Strategically located near Gobbi Street and Highway 101 with easy access to downtown, this asset offers long-term upside and stable cash flow. The property’s configuration, tenant stability, and minimal operating complexity make it an ideal addition to any investor’s portfolio, whether you’re expanding your multi-family holdings or entering the market with a manageable and reliable income property. Don’t miss this opportunity to secure a turnkey investment in one of Mendocino County’s most sought-after rental markets!

Discover the perfect blend of work and leisure in Ukiah, California. Nestled in the heart of Mendocino County, the area boasts a charming downtown with local boutiques, art galleries, and diverse dining options. Nearby, the Grace Hudson Museum offers a glimpse into the area's rich history and culture. For outdoor enthusiasts, Lake Mendocino is just a short drive away, providing opportunities for boating, fishing, and hiking. The location provides a peaceful and inspiring setting for professionals, with convenient access to the area's amenities. Explore all that Ukiah has to offer, from its vibrant community events to its natural beauty, all just moments from the property.