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Listed by John W Garrett Marcus & Millichap Real Estate Investment Services, Inc.
$ 3,650,000
Est. payment /mo
Open 10/20 1PM-2PM
1112 Orchard ST Santa Rosa, CA 95404
0.55 Acres Lot
Open House
Tue Oct 20, 1:00pm - 2:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5 or More Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 326087988
HOA Y/N No
Year Built 1972
Lot Size 0.550 Acres
Acres 0.55
Property Sub-Type 5 or More Units
Property Description
Rare 16-unit townhouse community in a fantastic Junior College neighborhood location featuring two-story, two-bedroom, 1.5-bath units with private yards and no shared walls above or below. Stable in-place income with upside to an above market cap rate rate once market rent have been achieved and a RUBS program has been implemented. Proven value-add opportunity through a renovation program already completed on five units. Located just 0.7 miles north of downtown on a quiet, tree lined street with no through traffic. Convenient access to Downtown Santa Rosa, Railroad Square, SMART rail, Highway 101, parks, schools, and Sonoma County employment centers.
Location
State CA
County Sonoma
Area Santa Rosa-Northeast
Rooms
Basement None
Interior
Heating Wall Furnace
Cooling Ceiling Fan(s)
Laundry Coin Operated, Common Area, Washer/Dryer Leased
Exterior
Carport Spaces 16
Waterfront Description Public
Total Parking Spaces 24
Private Pool No
Building
Lot Description Cul-De-Sac
Story 2
Sewer Public Sewer
Water Public
Others
Tax ID 180580007000
Virtual Tour https://hlm.homelight.com/link/1112-Orchard-Street-2y0ht0tq
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