$1,499,800
$1,575,000
4.8%For more information regarding the value of a property, please contact us for a free consultation.
720 Cherry ST Santa Rosa, CA 95404
4,105 SqFt
Key Details
Sold Price $1,499,800
Property Type Multi-Family
Sub Type 5 or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 4,105 sqft
Price per Sqft $365
MLS Listing ID 321060906
Sold Date 12/20/21
HOA Y/N No
Year Built 1921
Lot Size 0.258 Acres
Acres 0.2583
Property Sub-Type 5 or More Units
Property Description
Charming 9-unit cottage-style apartment building located in the coveted Cherry St District directly adjacent to downtown Santa Rosa. Comprised of two spacious 2-bedroom units, one 1-bedroom unit and six studios, the subject property benefits from historically high occupancy. The property features 11kWp Sunpower solar above the carports, an on-site laundry room, seven of the nine units have new windows throughout, two units have been fully renovated and the entire exterior was painted in 2021. The building at the back of the property has a new shingle roof with new gutters and downspouts as of 2018. The property is located just a few blocks from all the city amenities and events in downtown Santa Rosa. In this extremely low inventory market, the subject property provides an excellent opportunity for the new or experienced investor to acquire a premium multi-family asset in a high demand location.
Location
State CA
County Sonoma
Area Santa Rosa-Northeast
Interior
Heating Wall Furnace
Cooling None
Laundry Coin Operated, Common Area, Washer/Dryer Leased
Exterior
Carport Spaces 4
Waterfront Description Public
Roof Type Composition,Shingle,Tar/Gravel
Total Parking Spaces 8
Private Pool No
Building
Lot Description Shape Regular, Sidewalk
Sewer Public Sewer
Water Public
Others
Tax ID 009022002000
Financing Cash
Special Listing Condition Offer As Is
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