Description
Great Investment opportunity near the heart of downtown Sebastopol! This 1 acre property has 4 beautiful homes on it. The property includes a 3 bed 2 bath home in great condition, two 2 bed, 1 bath homes that have updated interiors and a 1 bed, 1 bath. Property on two separate parcels with two different zonings. Main home is about 1800 square feet and the other 2 bedroom homes have beautifully updated interiors. The three smaller units are currently long term rentals with a rent roll of $7,251. The largest unit (7550) is a permitted Homestay. Current occupancy rate is 87%. Conservative long term rental income for this 3 bedroom unit is $4,000+. City may allow additional units to be built on rear half of property. Parking for 9 cars. Walk to town, shopping, restaurants and transportation. Excellent income. Beautiful Sebastopol in the heart of the wine country.
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8BEDS
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0.91ACRES
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5BATHS
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01/2 BATHS
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4,396SQFT
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$0$/SQFT
School Ratings & Info
Description
Great Investment opportunity near the heart of downtown Sebastopol! This 1 acre property has 4 beautiful homes on it. The property includes a 3 bed 2 bath home in great condition, two 2 bed, 1 bath homes that have updated interiors and a 1 bed, 1 bath. Property on two separate parcels with two different zonings. Main home is about 1800 square feet and the other 2 bedroom homes have beautifully updated interiors. The three smaller units are currently long term rentals with a rent roll of $7,251. The largest unit (7550) is a permitted Homestay. Current occupancy rate is 87%. Conservative long term rental income for this 3 bedroom unit is $4,000+. City may allow additional units to be built on rear half of property. Parking for 9 cars. Walk to town, shopping, restaurants and transportation. Excellent income. Beautiful Sebastopol in the heart of the wine country.
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