Don’t miss this rare opportunity to own a 5-unit apartment property with strong income potential and a 6 CAP rate! This unique investment includes a charming single-family home and a fully leased fourplex, all situated on one parcel. The fourplex features four spacious 2-bedroom, 1-bath units, each currently rented below marketoffering significant room for increased cash flow. The standalone 2-bedroom, 1-bath home adds versatility to the property, ideal for continued rental income or future owner occupancy. Located in a desirable, tenant-friendly neighborhood near schools, public transportation, shopping, and with convenient highway access, this property benefits from consistent rental demand. Whether you’re expanding your portfolio or searching for a well-positioned, income-generating asset with built-in upside, this 5-unit apartment building delivers on all fronts.
Listing courtesy of Julian Solano at Excellerate Real EstateProperty Details
Price:
$1,459,000
MLS #:
325025258
Status:
Active
Baths:
0
Address:
1000 Ripley Street
Type:
Residential Income
Subtype:
5 or More Units
Neighborhood:
santarosanorthwest
City:
Santa Rosa
State:
CA
Finished Sq Ft:
4,480
ZIP:
95401
Lot Size:
9,601 sqft / 0.22 acres (approx)
Year Built:
1973
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Since being licensed in 2003, I have represented hundreds of home buyers and sellers. My passion for real estate and commitment to my clients inspired me to elevate my license status to Broker, the highest licensing credential in real estate. This allows me to represent my clients with a broader skill set and a deeper understanding of the industry.I work hard to ensure my clients’ success, with a focus on engaging in a direct and personalized way. My approach to real estate is modern and strai…
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1000 Ripley Street
Santa Rosa, CA
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