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Listed by Erika Rendino • RE/MAX Marketplace • RE/MAX Marketplace
RE/MAX Marketplace
RE/MAX Marketplace
$1,388,000
Est. payment /mo
2,223 Beds
5 Baths
3,556 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,556 sqft
Price per Sqft $390
MLS Listing ID 326046936
Bedrooms 2223
HOA Y/N No
Year Built 1967
Lot Size 8500.000 Acres
Property Sub-Type Quadruplex
Property Description
Rare opportunity to own a prime townhouse-style fourplex in one of the most desirable Santa Rosa Junior College locations. The property consists of three 2-bedroom, 1.5-bath units and one spacious 3-bedroom, 2-bath unit featuring a full bedroom and full bathroom on the main level, offering added flexibility and appeal for both tenants and owner-users alike. All units have been extensively remodeled with updated flooring, modern kitchens, remodeled bathrooms, stainless steel appliances, beautiful cabinetry, and updated fixtures throughout, creating a clean and highly desirable rental product. The property also features dual-pane windows and low maintenance landscaping. The current owners have invested heavily in the exterior and major systems, including a brand new roof, recently painted gutters, upgraded PG&E wiring, and a newer electrical panel. The property generates strong in-place income with approximately $113,000 in gross annual income, making it an attractive opportunity for investors and 1031 exchange buyers seeking stable cash flow in a prime rental market. Additional features include private fenced patios, ample covered carport parking, separate on-site laundry facilities, and storage units for tenant convenience. The strong unit mix, extensive upgrades, and prime location continue to support excellent tenant demand and stable long-term income performance. Conveniently located near downtown Santa Rosa, Coddingtown Mall, Kaiser and Sutter hospitals, shopping, restaurants, transportation, and the SMART Train corridor, this is an outstanding opportunity to acquire a turnkey multifamily asset in one of Santa Rosa's strongest and most stable rental markets.
Location
State CA
County Sonoma
Area Santa Rosa-Northeast
Interior
Heating Wall Furnace
Cooling None
Exterior
Parking Features Carport
Garage Spaces 8.0
Roof Type Composition
Building
Sewer Public Sewer
Water Public
Others
Special Listing Condition None
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Rebecca Brooks
Broker Associate/Area Leader/Ambassador | License ID: 1249870
Broker Associate/Area Leader/Ambassador License ID: 1249870