2066 Newburg Road, Fortuna, CA 95540 (MLS# 266033)

2066 Newburg Road, Fortuna, CA 95540

$627,500

Property Type: Multi-Family Square Footage: 4,466 Lot Size (sq. ft.): 9,583 Status: Sold

Current Price: $695,000 List Date: 8/08/2024 Last Modified: 9/25/2024

Overview

Description

Introducing a prime Fortuna investment: Come see this 5-unit residential property with a variety of layouts: four 2-bedroom, 1-bathroom units and one 3-bedroom, 1-bathroom unit. Conveniently located in the heart of Fortuna and across from South Fortuna Elementary School, all units are well maintained with hardwood, linoleum, and carpeted floors. Amenities in each unit include washer/dryer hookups, electric ranges, wall furnaces, tank water heaters, and double-paned windows. Solid roof and fresh exterior paint. Each unit has separately metered utilities; owner covers garbage. The carport offers each unit one off-street parking space. Ideal for investors seeking stable income and low maintenance.

Listing Details MLS# 266033

Listing Information

Pended Date: 2024-08-23
Sold Date: 2024-09-24

Property Description

Type of Property: Multi-Family
Realtor.com Type: Multi Family
Style: 5-10 Units
Gar Stls: 5
Garage Type: Carport
Lot Dimensions: 95x100
Lot Acres: 0.22
Accessory Dwelling Unit: No
Appearance: Excellent
List Price/SqFt: 155.62
Sold Price/SqFt: 140.51

Building Description

Main House SqFt: 4466
Total Units: 5
Year Built: 1965

Location Legal and Taxes

Area: Mid County
House Number: 2066
Street Name: Newburg
Street Suffix: Road
Sub-Area: Fortuna
State: CA
Zip Code: 95540
Cross Street: Summer

Directions and Remarks

Directions: From South Fortuna Blvd travel east on Newburg Rd. Go 1.5 blocks and property is on the right, across from Walker (South Fortuna) Elementary School.

Schools

Elementary School: South Fortuna
High School: Fortuna

More Information

RV Parking

Room for RV Parking: No

Miscellaneous

Sidewalk: Yes

Total Units By Type

# 2 Bedroom Units: 4
# 3 Bedroom Units: Yes
# Full Baths: 5
# of Heating Units: 5
# of Ranges: 5
# of Refrigerators: 5
# of Water Heaters: 5
Annual Gross Income: 61860

Location, Legal and Taxes

APN: 201-122-024

Zoning

Multi-Family: Yes

Possession

At Close of Escrow: Yes

Lot Description

Flat: Yes

Utilities

Electric: Yes
Gas: Yes

Levels

One Story: Yes

Siding

Wood: Yes

Foundation

Concrete Perimeter: Yes

Construction

Wood Frame: Yes

Road

Public: Yes

Roof

Tar & Gravel: Yes
Other: Yes

Insulation

Dual Pane Window: Yes

Financing Terms

Cash: Yes
Conventional: Yes

Driveway

Concrete: Yes

Parking

1 - 10 Spaces: Yes
On Site: Yes
Paved: Yes
Under Cover: Yes

Heating

Natural Gas: Yes

Kitchen

Elec: Yes
Range: Yes
Refrig: Yes

Water

Public: Yes

Sewer

Public: Yes

Laundry

Dryer Hookups: Yes
Washer Hookups: Yes

Flooring

Carpeted: Yes
Hardwood: Yes
Vinyl: Yes

Documents

Other - Private: Yes

Property Features

Zoning: Multi-Family Possession: At Close of Escrow Levels: One Story Parking: 1 - 10 Spaces; On Site; Paved; Under Cover Kitchen: Elec; Range; Refrig Foundation: Concrete Perimeter Laundry: Dryer Hookups; Washer Hookups Siding: Wood Roof: Tar & Gravel; Other Insulation: Dual Pane Window Heating: Natural Gas Construction: Wood Frame Driveway: Concrete Water: Public Sewer: Public Lot Description: Flat Road: Public Utilities: Electric; Gas Flooring: Carpeted; Hardwood; Vinyl Financing Terms: Cash; Conventional Documents: Other - Private

Listing Office: Coldwell Banker Sellers Realty

Last Updated: September - 25 - 2024

Broker Attribution: 707-822-5971

Based on information from the Humboldt Association of REALTORS® (alternatively, from the Humboldt MS), as of (date the AOR/MLS data was obtained on .) All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be verified by broker for accuracy. Properties may or may not be listed by the office/agent presenting the information. Copyright 2020 (year) Humboldt Association of Realtors®. All rights reserved.