Santa Rosa, CA 95401,1777 W 3rd ST
Santa Rosa, CA 95401,1777 W 3rd ST
Santa Rosa, CA 95401,1777 W 3rd ST
$1,265,000
Est. payment /mo
$1,295,000
2.3%
Est.Price: ?

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3,968 SqFt
SOLD DATE : 08/05/2022

Key Details

Sold Price $1,265,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,968 sqft

Price per Sqft $318

MLS Listing ID ML81894560

Sold Date 08/05/22

Condo Fees $1,250

HOA Fees $1,250

HOA Y/N Yes

Year Built 1984

Annual Tax Amount $15,540

Lot Size 0.280 Acres

Property Description

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

Location

State CA

County Sonoma

Area 699 - Not Defined

Zoning CITYSR

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Exterior

Garage Spaces 4.0

Garage Description 4.0

Roof Type Shingle

Accessibility None

Total Parking Spaces 2

Building

Story 2

Sewer Public Sewer

Water Public

Schools

School District Other

Others

Tax ID 146140028000

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Nick Oliver • Redwood Property Company
Bought with Michael Johnston

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Monique H. Ott-Beacham

+1(619) 757-3109

Broker | License ID: DRE #01448692

Broker License ID: DRE #01448692

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