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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

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.

More Information MLS# 266033

Property Description

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

Building Description

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

Location, Legal and Taxes

APN: 201-122-024

Zoning

Multi-Family: 1

Schools

Elementary School: South Fortuna High School: Fortuna

Possession

At Close of Escrow: 1

RV Parking

Room for RV Parking: No

Miscellaneous

Sidewalk: Yes

Lot Description

Flat: 1

Utilities

Electric: 1 Gas: 1

Levels

One Story: 1

Siding

Wood: 1

Total Units By Type

# 2 Bedroom Units: 4 # 3 Bedroom Units: 1 # Full Baths: 5 # of Heating Units: 5 # of Ranges: 5 # of Refrigerators: 5 # of Water Heaters: 5 Annual Gross Income: 61860

Foundation

Concrete Perimeter: 1

Construction

Wood Frame: 1

Road

Public: 1

Roof

Tar & Gravel: 1 Other: 1

Insulation

Dual Pane Window: 1

Financing Terms

Cash: 1 Conventional: 1

Driveway

Concrete: 1

Parking

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

Heating

Natural Gas: 1

Kitchen

Elec: 1 Range: 1 Refrig: 1

Water

Public: 1

Sewer

Public: 1

Laundry

Dryer Hookups: 1 Washer Hookups: 1

Flooring

Carpeted: 1 Hardwood: 1 Vinyl: 1

Documents

Other - Private: 1

Listing Information

Status: Sold List Date: 2024-02-08 List Price: $695,000 Current Price: $627,500 Sold Date: 2024-09-24 Sold Price: $627,500

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.

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
IDX
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.