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Multi-Family Investment Opportunity

$725,000

680 N. State Street, Ukiah, CA 95482

Active
Last Updated: 03/11/2025

1,963 sqft

Building Size

0.23 acres

Lot Area

Details:
Building Size:    1,963 sqft
Lot Area:    0.23 acres
Occupancy:    100%
Class:    C
Units:    4
Year Built:    1967
Floors:    1
Description:

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.

Discover the allure of Ukiah, a vibrant city nestled in the heart of Northern California. Your new office location offers proximity to attractions such as the historical and cultural charm of the City of Ten Thousand Buddhas, ideal for absorbing local flavor and history. The scenic beauty of Lake Mendocino and the Ukiah Valley Trail provide opportunities for outdoor activities and relaxation. Enjoy excellent dining options and shopping opportunities in downtown Ukiah, just a stone's throw away. With its perfect blend of natural beauty, cultural appeal, and modern amenities, the area surrounding the property is a thriving hub for work and leisure.

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