2066 Newburg Road, Fortuna, CA 95540 - Multi Family Home

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Description:

Contingent Offer Accepted. Seller right to cancel with 25 days notice. 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.

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Quick Facts

Total Rooms:
5
Area:
4466 sq ft
Style:
5-10 Units
Condition:
Excellent
Year Built:
1965
Lot Size:
0.22 acres
Garage:
Carport 5 car
Est. Payment:
$3787 / month
(20% down, 30 years @ 6.5%)
Asking Price:
Pending
Days on Market:
10
Listing Office:
Coldwell Banker Sellers Realty
Listing Agent:
Bryn Coriell
Contact:
Ming Tree, Realtors
707-445-4500

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    Exterior Features:

  • Style: 5-10 Units
  • Condition: Excellent
  • Garage: Carport, 5
  • Walk Score®: 64 Somewhat Walkable - Some errands can be accomplished on foot
  • Transit Score®: 0 Minimal Transit - It is possible to get on a bus
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Neighborhood details for 2066 Newburg Road, Fortuna, CA 95540

HousingNear HereCity
Total Households10155402
Median Age of Home19861975
Median Property Value$297,059$293,460
Homes Owner Occupied55.47%60.3%
Homes Rented44.53%39.7%
Homes Vacant9.06%6.33%
Median Rent$ 815$ 752
Crime Risk (national avg is 100)Near HereCity
Overall Crime Risk130127
Murder Risk146137
Assault Risk94115
Burglary Risk123107
Vehicle Theft Risk144124
PeopleNear HereCity
Population248112885
Male48.93%49.3%
Female51.07%50.7%
Median Age35.439.8
People Per Household2.782.66
Households with Children67.17%66.06%
Median Household Income$35,479$44,740
EducationNear HereCity
Some High School7.63%10.34%
High School25.83%30.08%
Associate Degree6.62%7.99%
Bachelors Degree17.75%14.0%
Masters Degree7.32%2.98%
Graduate Degree7.32%4.64%
Professional Degree0.0%0.75%
Doctorate Degree0.0%0.91%
CommutingNear HereCity
Average commute time28 minutes21 minutes
Travel by Car90.27%84.38%
Travel by Public Transportation6.26%3.04%
Travel by Walking1.97%3.67%
Travel by Other1.51%1.11%
Work from Home0.0%5.22%
WeatherNear HereCity
Average Annual temperature54 degrees54 degrees
Average Annual minimum45 degrees45 degrees
Average Annual maximum62 degrees64 degrees
January Average Low39 degrees39 degrees
July Average High68 degrees73 degrees
Sunny Days per Year186 days186 days
Partly Clear Days per Year78 days78 days
Cloudy Days per Year7 days7 days
Rainy Days per Year117 days117 days
Snowy Days per Year0 days0 days
Annual Rainfall45.0 in.52.61 in.
Annual Snowfall0 in.0 in.
Environmental (national avg is 100)Near HereCity
Pollution Index9191
Earthquake Index753753
Wind Index00
Hurricane Index00
Tornado Index00
Hail Index00

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Based on information from the Humboldt Association of REALTORS®, as of 02/28/2024. 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 or MLS for accuracy. All information should be independently reviewed and verified of accuracy. Properties may or may not be listed by the office/agent presenting the information. Copyright ©2022 Humboldt Association of Realtors®. All rights reserved.