$1,100,000
$1,195,000
7.9%For more information regarding the value of a property, please contact us for a free consultation.
748 Morgan ST Santa Rosa, CA 95401
2,320 SqFt
Key Details
Sold Price $1,100,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,320 sqft
Price per Sqft $474
MLS Listing ID 325015568
Sold Date 04/10/25
HOA Y/N No
Year Built 1995
Lot Size 5,336 Sqft
Acres 0.1225
Property Sub-Type Quadruplex
Property Description
Welcome to 748 Morgan Street, Santa Rosa. This exceptional fourplex is an ideal investment, offering an immediate revenue stream and potential for further income growth. With a gross monthly income of $7,913, this property generates strong rental revenue. With two newly remodeled units, this property boasts ultra-low maintenance and minimal need for capital improvements. Perfectly positioned just a short drive from Highway 101 and the vibrant heart of downtown Santa Rosa, this property's central location serves as an attraction for current and future tenants alike. Constructed in 1995, this well-maintained building merges modern features with very low maintenance, ensuring a turn-key solution for investors. The property consists of four well-appointed units, each featuring one bedroom and one bathroom. Each unit benefits from private, single-car garages as well, enhancing tenant appeal and convenience. This property also features onsite laundry, which acts as an additional source of income. Don't miss the opportunity to own a prime piece of real estate in Santa Rosa with promising returns and strategic growth potential.
Location
State CA
County Sonoma
Area Santa Rosa-Northeast
Interior
Heating Gas, Wall Furnace
Cooling None
Flooring Carpet, Laminate, Simulated Wood, Tile
Appliance Dishwasher, Free-Standing Electric Range, Free-Standing Gas Range, Free-Standing Refrigerator, Gas Water Heater
Laundry Coin Operated, Common Area, Washer/Dryer Leased
Exterior
Exterior Feature Yard Space
Garage Spaces 4.0
Utilities Available City, Electricity Connected, Natural Gas Connected
Waterfront Description Public
View Other
Roof Type Composition,Shingle
Total Parking Spaces 8
Private Pool No
Building
Lot Description Curb(s), Sidewalk
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Others
Tax ID 010031021000
Financing Cash
Special Listing Condition Standard
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