
Property Attributes
- MLS#323031132
- TypeMulti-Family
- CountySONOMA
- CitySanta Rosa
- AreaSanta Rosa-Northeast
- Zip95401
- Style
- Price$ 1,750,000
- Bedrooms8
- Full Bathrooms3
- Half Bathrooms4
- Sqr Footage4687
- Lot Size0.4178 Acres
Data Source:
Bay Area Real Estate Info Services (BAREIS)
Property Description
6-Unit investment property in desirable Ridgway Historic District. Comprised of 2 detached homes & a fourplex on a large parcel, this property offers tenants a bucolic retreat in a beautiful historic residential neighborhood. The main residence is a large Craftsman style bungalow and features 3 bedrooms/ 1 bathroom, a private yard, laundry area and a detached garage. The second unit located behind the main residence is a fully remodeled 1 bedroom/ 1 bathroom cottage with laundry area and private yard. The 1 bed/ 1 bath single level fourplex includes a carport space. Parklike setting with mature trees and ample parking for all occupants. Great location with easy access to Downtown Santa Rosa, JC Area and the freeway. The highly desirable rental location and fantastic condition of the units makes this a true no brainer'' investment opportunity. Significant rental upside potential due to long term tenants. Ideal for an owner-occupant, as well as investor
Price History | |
---|---|
5/12/2023 | Listed $1,795,000 |
6/7/2023 | 3% - $1,750,000 |
General Features
Association Y/N | No |
---|---|
Auction | No |
Cap Rate | 6.10 |
Carport Spaces | 4.00 |
City | Santa Rosa |
Close Price | 0.00 |
Construction Materials | Wood Siding |
Cooling | None |
County | Sonoma |
Directions | Ridgeway Ave |
Garage Spaces | 2.00 |
Gross Income | 130248 |
Gross Rent Multiplier | 13.44 |
Heating | Central, Wall Furnace |
Levels | One |
Lot Size Square Feet | 18199.00 |
MLS Area | Santa Rosa-Northeast |
Open Parking Spaces | 0.00 |
Possession | Close Of Escrow, Subject To Tenant Rights |
Property SubType | 5 or More Units |
Property Type | Residential Income |
Roof | Composition, Tar/Gravel |
Sewer | Public Sewer |
Standard Status | Active |
Status | Active |
Street Name | Glenn |
Subtype Description | Apartments, House(s) |
Tenant Pays | Cable TV, Electricity, Gas |
Total Units | 6 |
Utilities | City, Electric |
Year Built | 1956 |
Year Built Source | Other |
Interior Features
Laundry Features | Varies by Unit |
---|---|
Livingareasource | Appraiser |
Street Suffix | Street |
Unit 1 # Of Rooms | 5 |
Unit 1 Approx Sqft | 1381 |
Unit 1 Bedroom Units Total | 5 |
Unit 1 Bedrooms | 3 |
Unit 1 Description | 1224 |
Unit 1 Full Baths | 1 |
Unit 2 # Of Rooms | 3 |
Unit 2 Approx Sqft | 494 |
Unit 2 Bedrooms | 1 |
Unit 2 Description | 1224 1/2 |
Unit 2 Full Baths | 1 |
Unit 3 # Of Rooms | 3 |
Unit 3 Approx Sqft | 638 |
Unit 3 Bedroom Units Total | 1 |
Unit 3 Bedrooms | 1 |
Unit 3 Description | 1216 |
Unit 3 Full Baths | 1 |
Unit 3 Type | Apartment |
Unit 4 # Of Rooms | 3 |
Unit 4 Approx Sqft | 638 |
Unit 4 Bedrooms | 1 |
Unit 4 Description | 1218 |
Unit 4 Partial Baths | 1 |
Unit 4 Type | Apartment |
Exterior Features
Buyer Agent Compensation | 2.5 |
---|---|
Buyer Agent Compensation Type | % |
Covered Spaces | 0.00 |
Foundation Details | Concrete Perimeter, Slab |
Lot Features | Curb(s), Landscape Front |
Lot Size Acres | 0.4178 |
Lot Size Source | Assessor Auto-Fill |
Lot Size Units | Acres |
Number of Buildings | 3 |
Parking Features | Carport, Garage, Off Street |
Total Parking | 8.00 |
Water Source | Public |
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool