Property Details
About this Property
The subject property provides an incredible opportunity for investors to own a 1980s vintage fourplex on a tree lined street in the heart of Sonoma wine country. Given the year of construction, it has withstood the test of time and is in very good shape. Each unit boasts private balconies, backyards, in-unit washer/dryer units and enclosed garages- a set of amenities that retains tenants for the long term and competes very well in the rental marketplace. Furthermore, the townhouse style units offer a comfortable living experience that is superior to flat-style apartments in the area. At a current 4.83% cap rate, the cashflow is relatively high with significant upside to be realized with higher rents, as well as eliminating water expenses by billing tenants for water. Shopping and supermarkets, highways and freeways, as well as local schools and bus stops are in close proximity to the property. Download Offering Memorandum Here: https://www.redwoodpropertyco.com/1777-1783w3rd
MLS Listing Information
MLS #
ML81894560
MLS Source
MLSListings, Inc.
Interior Features
Cooling
None
Heating
Wall Furnace
Exterior Features
Roof
Shingle
Foundation
Other
Parking, School, and Other Information
Garage/Parking
Detached, Garage: 4 Car(s)
Elementary District
Wright Elementary
High School District
Santa Rosa High
Sewer
Public Sewer
Water
Public
HOA Fee
$1250
Zoning
CITYSR
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| – | 4 | – |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 992 | 2 | 1/1 | $2,200 |
| 2 | 992 | 2 | 1/1 | $2,081 |
| 3 | 992 | 2 | 1/1 | $2,190 |
| 4 | 992 | 2 | 1/1 | $2,190 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
1777 W 3rd St is a Residential Income in Santa Rosa, CA 95401. This 3,968 square foot property sits on a 0.28 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,265,000 and was built in 1984. This address can also be written as 1777 W 3rd St, Santa Rosa, CA 95401.
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This listing information is up-to-date as of June 27, 2024. For the most current information, please contact Nick Oliver, (831) 275-0025
