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117 Lincoln

Santa Rosa, CA 95405
  • $1,795,000
  • STATUS: Active
  • ON SITE: 39 Days
  • ID#: 321102625
UPDATED: 24 min ago
$1,795,000
  • 2
    BEDS
  • 0.33
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Vintage 8 unit, 2 building complex located in central Santa Rosa. Building 121 consist of 3, separate 1 bedroom units. Building 117 consists of 5 units. All units are 1 bedrooms except for a 2 bedroom unit on the 2nd level of building 117. Current ownership has invested considerable capital and recent repairs including parking lot asphalt, roof, water lines, sewer lines, unit renovations as well as Section I pest work. High occupancy during ownership. Rent's appear below market, and offer an investor the opportunity to increase rents over time. There may also be an opportunity to add an ADU or convert garage space to living space. (Talk to City of Santa Rosa.) Property has been well maintained and managed during current ownership. Sellers are licensed Real Estate professionals.

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© 2021 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Hiraeth Homes. Data last updated: 2021-12-06T11:56:49.293.
www.hiraethhomes.com/homes/122790341
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117 Lincoln Santa Rosa, CA 95405

  • Price: $1,795,000
  • Status: Active
  • On Site: 39 Days
  • Updated: 24 min ago
  • ID#: 321102625
2
Beds
2
Baths
0
½ Baths
0.33
Acres
Neighborhood:
Santa Rosa-Northwest
County:
Sonoma
Area:
Santa Rosa-Northwest
Property Description
Vintage 8 unit, 2 building complex located in central Santa Rosa. Building 121 consist of 3, separate 1 bedroom units. Building 117 consists of 5 units. All units are 1 bedrooms except for a 2 bedroom unit on the 2nd level of building 117. Current ownership has invested considerable capital and recent repairs including parking lot asphalt, roof, water lines, sewer lines, unit renovations as well as Section I pest work. High occupancy during ownership. Rent's appear below market, and offer an investor the opportunity to increase rents over time. There may also be an opportunity to add an ADU or convert garage space to living space. (Talk to City of Santa Rosa.) Property has been well maintained and managed during current ownership. Sellers are licensed Real Estate professionals.
Exterior Features

Carport Spaces 2 Covered Spaces 0 Foundation Details ConcreteperimeterRaised Independent Parking Spaces 0 Lot Features Landscape FrontSidewalk Open Parking Spaces 4 Parking Features Varies By Unit Parking Total 16 Roof Composition Tandem Parking Spaces 0

Interior Features

1 Bedroom Units Total 7 2 Bedroom Units Total 1 3 Bedroom Units Total 0 4 Bedroom Units Total 0 Commercial Units Total 0 Cooling None Heating Fireplace InsertFireplace(s)Wall Furnace Laundry Features Washer/Dryer Hookups Studio Units Total 0

Property Features

Association Fee 0 Association YN No Auction No Availability Date 1800-01-01T00:00:00 Gross Income 153300 Property Sub Type 5 Or More Units Property Type Residentialincome Sewer In & ConnectedPublic Sewer Subtype Description Apartments Water Source Public

Listing information © 2021 Bay Area Real Estate Information Services.
Listing courtesy of Nick Abbott of North Bay Property Advisors.


© 2021 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Hiraeth Homes. Data last updated: 2021-12-06T11:56:49.293.
 
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Hiraeth Homes
500 Bicentennial Way Ste. 310
Santa Rosa CA, 95403