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395-919 9th And J Street, Fortuna, CA 95540

$470,000
Property Type: Multi-Family Square Footage: 2,820 Lot Size (sq. ft.): 6,098 Status: Sold
Current Price: $525,000 List Date: 9/28/2023 Last Modified: 9/07/2024

Overview

Description

Fortuna investment property.4 units comprised of 2 duplexes on 1 parcel.All units are 2 bedroom 1 bath. Seperate power, gas, water and sewer paid by tenants.Owner pays garbage. Solid structures with perimeter concrete foundation, wood lap siding.Clean interiors with some dual pane window upgrades, wall heaters, built in cabinets, washer dryer hook ups.Flooring, paint, countertops have been replaced as needed over the years.No landscape maintenance, entire parcel is concrete with a shared, fenced backyard. Easy access to Fortuna's downtown business district and both Fortuna's middle school and high school. Conventional lending for 4 units or FHA for owner occupant. Rents are low from long term tenancy leading to great value add opportunity.Seller is a trust that has never seen the property

Listing Details MLS# 265316

Listing Information

Pended Date
2023-10-07
Sold Date
2023-10-21
Concession Remarks
Extremely low rents, roof at the end of it's effective life, cash quick close

Property Description

Type of Property
Multi-Family
Realtor.com Type
Multi Family
Style
Duplex
Garage Type
None
Lot Dimensions
60X100
Lot Acres
0.14
Accessory Dwelling Unit
No
Appearance
Very Good
List Price/SqFt
186.17
Sold Price/SqFt
166.67
Gar Stls
0

Building Description

Main House SqFt
2820
Historic Registry
No
Gated Entry
No
Total Units
4
Year Built
1950

Location Legal and Taxes

Area
Mid County
House Number
395-919
Street Name
9th And J
Street Suffix
Street
Sub-Area
Fortuna
State
CA
Zip Code
95540
Cross Street
9th And J Streets

Directions and Remarks

Directions
Main St, south on 9th, intersection of 9th and J street

Schools

Elementary School
South Fortuna
Middle School
Fortuna
High School
Fortuna

More Information

RV Parking

Room for RV Parking
No

Miscellaneous

Privacy
No
Timber
No
Surveyed
No
Sidewalk
Yes
Alley
Yes
Security Deposit
Yes

Total Units By Type

# 2 Bedroom Units
4
# Full Baths
4
# of Heating Units
4
# of Ranges
4
# of Refrigerators
4
# of Water Heaters
4

Location, Legal and Taxes

APN
040-211-001

Zoning

Single Family
Yes

Possession

Negotiable
Yes

Fenced

Fully
Yes

Lot Description

Flat
Yes

Utilities

110 Volts
Yes
Electric
Yes
Separately Metered
Yes
Shared Metered
Yes
Telephone
Yes

Levels

One Story
Yes

Siding

Wood
Yes

Foundation

Concrete Perimeter
Yes

Construction

Wood Frame
Yes

Road

Curbing
Yes
Public
Yes
Sidewalks
Yes

Roof

Composition Shingle
Yes

Insulation

Unknown
Yes

Financing Terms

Cash
Yes
Conventional
Yes

Parking

Off Site
Yes

Heating

Natural Gas
Yes
Wall
Yes

Kitchen

Range
Yes
Refrig
Yes

Water

Public
Yes

Dining

Combination
Yes

Sewer

Public
Yes

Laundry

Dryer Hookups
Yes
Washer Hookups
Yes

Flooring

Laminate
Yes

Property Features

Fenced: Fully Zoning: Single Family Possession: Negotiable Levels: One Story Parking: Off Site Kitchen: Range; Refrig Dining: Combination Foundation: Concrete Perimeter Laundry: Dryer Hookups; Washer Hookups Siding: Wood Roof: Composition Shingle Insulation: Unknown Heating: Natural Gas; Wall Construction: Wood Frame Water: Public Sewer: Public Lot Description: Flat Road: Curbing; Public; Sidewalks Utilities: 110 Volts; Electric; Separately Metered; Shared Metered; Telephone Flooring: Laminate Financing Terms: Cash; Conventional
Listing Office: Humboldt Equity, Inc.
IDX
Last Updated: September - 07 - 2024
Broker Attribution: Mattallen707@gmail.com

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.