About 757 Waugh Lane
Presenting a rare opportunity to acquire an income-generating multi-family property in the heart of Ukiah! This well-maintained asset consists of two single-story buildings situated on a fully fenced 0.28-acre lot, offering five fully-leased residential units with strong rental history. The unit mix includes three two-bedroom, one-bath apartments and two one-bedroom, one-bath apartments. All units are ground level, providing ease of access for tenants and minimizing maintenance concerns for ownership. With onsite laundry and parking, the property meets a critical tenant demand in this competitive rental market. Strategically located near Gobbi Street and Highway 101 with easy access to downtown, this asset offers long-term upside and stable cash flow. The property's configuration, tenant stability, and minimal operating complexity make it an ideal addition to any investor's portfolio, whether you're expanding your multi-family holdings or entering the market with a manageable and reliable income property. Don't miss this opportunity to secure a turnkey investment in one of Mendocino County's most sought-after rental markets!
Features of 757 Waugh Lane
| MLS® # | 325077955 |
|---|---|
| Price | $899,000 |
| Square Footage | 4,270 |
| Acres | 0.28 |
| Year Built | 1998 |
| Type | Residential Income |
| Sub-Type | Apartments, Garden Apartments |
| Status | Active |
Community Information
| Address | 757 Waugh Lane |
|---|---|
| Area | Ukiah |
| City | Ukiah |
| County | Mendocino |
| State | CA |
| Zip Code | 95482-7458 |
Amenities
| Parking Spaces | 7 |
|---|---|
| Parking | Uncovered, Street |
| Has Pool | No |
Interior
| Interior | Carpet, Vinyl, Linoleum |
|---|---|
| Appliances | Gas Water Heater |
| Heating | Wall Furnace |
| Cooling | Ceiling Fan(s) |
| Fireplace | No |
Exterior
| Lot Description | Sidewalk |
|---|---|
| Roof | Composition |
| Foundation | Slab, Concrete Perimeter |
Additional Information
| Zoning | R3 |
|---|