370-e-h El Rio Court
$725,000
8
4
4
3,750
3,750
$193
Description
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...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.
- Listed by Lynn McNamara • DRE #00575586 • Brokerage DRE #01522223 • Luxe Places International Realty
Property Details for 370-e-h El Rio Court
Architectural Style
Craftsman
ZoningR-2
Cross StreetPerkins & Oak Manor Drive
Total Parking Spaces4
LISTING UPDATED: 11/18/2024 05:09 PM
Property Details for 370-e-h El Rio Court
Status | Active |
---|---|
MLS # | 324089901 |
Days on Compass | 5 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Quadruplex |
Year Built | 1976 |
Lot Size | 0.40 AC / 17,280 SF |
County | Mendocino County |
Building Information for 370-e-h El Rio Court
Stories-Residences-Year Built1976Building Size-Lot Size0.40 AC / 17,280 SF
Property Information for 370-e-h El Rio Court
Property History for 370-e-h El Rio Court
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 370-e-h El Rio Court
This home is within Ukiah Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | K to 8 |
Rating | School | Distance |
---|---|---|
Oak Manor Elementary School PublicK to 6 | ||
Pomolita Middle School Public6 to 8 | ||
Ukiah High School Public9 to 12 | ||
River Oak Charter School CharterK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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