$689,950
For Sale

18031 Ocean Drive

Fort Bragg, CA 95437
Listing OfficeCentury 21 Seascape Realty
Browse 34 photos
Type:Multi-Family
Structure:House
Zone:Commercial

Description

If you are looking for a great investment property, this is it! Zoned commercial, this 1.3 acre property is located in a desirable area, near the Botanical Gardens a short distance to Belinda Point's lovely beach and the City of Fort Bragg.There are currently 2 homes and a UPS lease on the property. The 2 homes are currently rented to great tenants. Charming farm house style front home with 2 beds and 1 bath, for $1,100, the Studio with a full bath and kitchen for $1000. and UPS has a 5 year lease at $1500 a month, a substantial total of $3,600 a month income. Added to the charm is Digger Creek running through the back of the two homes. Seller may carry depending on the terms.

  • Property Details
      • Lot DescriptionSprinklersNone
    • Measurements
      • Acres1.3
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1944
  • Community and Neighborhood Details
      • SubdivisionNot Applicable
    • Location
      • CountyMendocino
  • Financial Details
      • Original List Price$689,950
  • Other
      • MLS #C1-10768

Location

SparrowLily Realty, Inc.Real Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00