Description
Turn-key 5-unit multifamily property located near the desirable downtown area of Santa Rosa. The main house is a 2-bedroom + loft, 2-bath unit with a private front yard and an attached 1-bedroom, 1-bath unit at the back. The three additional units are free standing 2-bedroom, 1-bath cottages with designated parking and laundry hookups. All five units have full interior remodels, and the entire driveway has been recently paved. The property features extra covered parking at the rear of the property and tenants pay their own trash and PG&E. This is an excellent opportunity to acquire a well-managed and updated rental property in an extremely tight rental market. Sonoma County is one of the most difficult communities for new multi-family construction in Northern California. This investment provides the new owner with strong fundamentals for long term value and income appreciation, as well as the tax benefits that come with investment real estate ownership.
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0BEDS
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0.29ACRES
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0BATHS
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01/2 BATHS
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3,555SQFT
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$450$/SQFT
School Ratings & Info
Description
Turn-key 5-unit multifamily property located near the desirable downtown area of Santa Rosa. The main house is a 2-bedroom + loft, 2-bath unit with a private front yard and an attached 1-bedroom, 1-bath unit at the back. The three additional units are free standing 2-bedroom, 1-bath cottages with designated parking and laundry hookups. All five units have full interior remodels, and the entire driveway has been recently paved. The property features extra covered parking at the rear of the property and tenants pay their own trash and PG&E. This is an excellent opportunity to acquire a well-managed and updated rental property in an extremely tight rental market. Sonoma County is one of the most difficult communities for new multi-family construction in Northern California. This investment provides the new owner with strong fundamentals for long term value and income appreciation, as well as the tax benefits that come with investment real estate ownership.
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