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475 S E Street

Santa Rosa, CA 95404
  • $4,200,000
  • STATUS: Active
  • ON SITE: 31 Days
  • ID#: 322097770
UPDATED: 23 min ago
$4,200,000
  • 0
    BEDS
  • 0.39
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 11,019
    SQFT
  • $381
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1974
County:

School Ratings & Info

Description

Upgraded 16-unit apartment complex located near the desirable downtown area of Santa Rosa. The building is comprised of five (5) 2-bedroom, 1.5-bath units, three (3) 2-bedroom, 1-bath units, five (5) 1-bedroom, 1-bath units and three (3) studio units. The spacious floor plans include atriums or large balconies in each unit providing a pleasant living environment for all tenants. The well-designed units and secured indoor hallways have contributed to the historically low vacancy rate for this building. The building has been consistently maintained with many upgrades under the current ownership. Ten (10) units have been fully remodeled, siding repair and exterior paint were completed in 2022, seismic retrofit of the tuck-under parking was completed in 2021 at a cost of $120k, the driveway was recently paved, and the roof is a premium Duralast'' roof that is designed for increased heating and cooling efficiency as well as low maintenance. Property amenities include covered parking spaces and an on-site laundry facility that generates additional income.

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© 2022 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX GOLD. Data last updated: 2022-12-06T11:56:28.583.
www.sonomamarinhomes.com/homes/134542350
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475 S E Street Santa Rosa, CA 95404

  • Price: $4,200,000
  • Status: Active
  • On Site: 31 Days
  • Updated: 23 min ago
  • ID#: 322097770
0
Beds
0
Baths
0
½ Baths
0.39
Acres
11,019
SQFT
$381
$/SQFT
1974
Built
Neighborhood:
Santa Rosa-Northeast
County:
Sonoma
Area:
Santa Rosa-Northeast
Property Description
Upgraded 16-unit apartment complex located near the desirable downtown area of Santa Rosa. The building is comprised of five (5) 2-bedroom, 1.5-bath units, three (3) 2-bedroom, 1-bath units, five (5) 1-bedroom, 1-bath units and three (3) studio units. The spacious floor plans include atriums or large balconies in each unit providing a pleasant living environment for all tenants. The well-designed units and secured indoor hallways have contributed to the historically low vacancy rate for this building. The building has been consistently maintained with many upgrades under the current ownership. Ten (10) units have been fully remodeled, siding repair and exterior paint were completed in 2022, seismic retrofit of the tuck-under parking was completed in 2021 at a cost of $120k, the driveway was recently paved, and the roof is a premium Duralast'' roof that is designed for increased heating and cooling efficiency as well as low maintenance. Property amenities include covered parking spaces and an on-site laundry facility that generates additional income.
Exterior Features

Carport Spaces 16 Covered Spaces 0 Foundation Details ConcreteSlab Independent Parking Spaces 0 Lot Features Landscape FrontShape Regular Open Parking Spaces 8 Parking Features CarportOff StreetStreetUncovered Parking Total 24 Roof FlatOther Tandem Parking Spaces 0

Interior Features

1 Bedroom Units Total 5 2 Bedroom Units Total 8 3 Bedroom Units Total 0 4 Bedroom Units Total 0 Commercial Units Total 0 Cooling None Heating Wall Furnace Laundry Features Coin OperatedIn Common Area Studio Units Total 3

Property Features

Association Fee 0 Association YN No Auction No Availability Date 1800-01-01T00:00:00 Gross Income 340740 Property Sub Type 5 Or More Units Property Type Residentialincome Separate Meters ElectricityGas Sewer Public Sewer Subtype Description Apartments Water Source Public

Listing information © 2022 Bay Area Real Estate Information Services. Listing courtesy of Steven Level of Berkshire Hathaway: .


© 2022 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX GOLD. Data last updated: 2022-12-06T11:56:28.583.
 
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