$1,900,000
$1,600,000
18.8%For more information regarding the value of a property, please contact us for a free consultation.
S 455 E ST Santa Rosa, CA 95404
3,555 SqFt
Key Details
Sold Price $1,900,000
Property Type Multi-Family
Sub Type 5 or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 3,555 sqft
Price per Sqft $534
MLS Listing ID 322097779
Sold Date 04/05/23
HOA Y/N No
Year Built 1927
Lot Size 0.289 Acres
Acres 0.2893
Property Sub-Type 5 or More Units
Property 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.
Location
State CA
County Sonoma
Area Santa Rosa-Northeast
Interior
Heating Wall Furnace
Cooling None
Laundry In Unit, Washer/Dryer Hookups
Exterior
Garage Spaces 1.0
Carport Spaces 5
Waterfront Description Public
Roof Type Composition,Shingle
Total Parking Spaces 10
Private Pool No
Building
Lot Description Landscape Front
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Others
Tax ID 009274039000
Financing Conventional
Special Listing Condition Offer As Is
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