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Nicole Hazelton-Meacham

[email protected] +1(619) 206-1892

$1,348,000

Est. payment - /mo

8 Beds

4 Baths

7,500 Sqft Lot

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Subdivision Sonoma (Sonma)

MLS Listing ID 2600982

Bedrooms 8

Full Baths 4

Year Built 1972

Lot Size 7,500 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Rare opportunity to own a turn key 4-unit apartment property located in the coveted rental market of Cotati, CA. Buyer to verify, but City permitting said it should be possible to add two ADU's to the property. Huge profit potential with limited impact on current tenants. Value Add!!! Comprised of four spacious 2-bedroom, 1-bath units, this highly desirable investment property features upgraded units, four assigned parking spaces in a covered carport, locking metal security screen doors, and strong income. This unique investment is fully occupied and situated on a parcel towards the end of a dead-end road in quiet Cotati. The fourplex features four spacious 2-bedroom, 1-bath units, including energy efficient fit & finish details throughout. Located in a desirable, tenant-friendly neighborhood near schools, parks, public transportation (minutes away from the SMART train station), shopping, restaurants, convenient highway access, and other amenities of Sonoma County. This property benefits from consistent rental demand. The property is also near Sonoma State University, Graton Casino and Spreckels Performing Arts Center If you are expanding your portfolio or searching for a well-positioned turnkey income-generating asset, this excellent 4-unit apartment building delivers on all fronts. Units are separately metered for gas and electricity but have an agreement to split water and sewer amongst them and it has never been an issue.

Location

State CA

County Sonoma

Interior

Fireplace No

Exterior

Fence Partial

View Y/N No

Roof Type Composition

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 144-273-013-000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/snd/2600982

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Listed by Brian P Reschke, DRE#01424554 SD Properties Group

Nearby School & Business

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Nicole Hazelton-Meacham

+1(619) 206-1892

Broker Associate | License ID: 01819363

Broker Associate License ID: 01819363

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8175 Arthur St Cotati, CA 94931

Nicole Hazelton-Meacham

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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