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455 S E Street

Santa Rosa, CA 95404
  • $1,600,000
  • STATUS: Active
  • ON SITE: 35 Days
  • ID#: 322097779
UPDATED: 80 min ago
$1,600,000
  • 0
    BEDS
  • 0.29
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,555
    SQFT
  • $450
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1927
County:

School Ratings & Info

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.

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© 2022 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: 2022-12-09T22:56:15.707.
www.hiraethhomes.com/homes/134542351
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455 S E Street Santa Rosa, CA 95404

  • Price: $1,600,000
  • Status: Active
  • On Site: 35 Days
  • Updated: 80 min ago
  • ID#: 322097779
0
Beds
0
Baths
0
½ Baths
0.29
Acres
3,555
SQFT
$450
$/SQFT
1927
Built
Neighborhood:
Santa Rosa-Northeast
County:
Sonoma
Area:
Santa Rosa-Northeast
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.
Exterior Features

Carport Spaces 5 Covered Spaces 0 Foundation Details Concreteperimeter Independent Parking Spaces 0 Lot Features Landscape Front Open Parking Spaces 4 Parking Features CarportOff StreetStreetUncovered Parking Total 10 Roof CompositionShingle Tandem Parking Spaces 0

Interior Features

1 Bedroom Units Total 1 2 Bedroom Units Total 3 3 Bedroom Units Total 1 4 Bedroom Units Total 0 Commercial Units Total 0 Cooling None Heating Wall Furnace Laundry Features In Each UnitWasher/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 128112 Property Sub Type 5 Or More Units Property Type Residentialincome Separate Meters ElectricityGas Sewer Public Sewer Subtype Description Apartments Tenant Pays ElectricityGasTrash Collection Water Source Public

Listing information © 2022 Bay Area Real Estate Information Services. Listing courtesy of Steven Level of Berkshire Hathaway: .


© 2022 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: 2022-12-09T22:56:15.707.
 
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500 Bicentennial Way Ste. 310
Santa Rosa CA, 95403