1112 Orchard St, Santa Rosa, CA 95404
- $3,650,000
- List Price
- $3,650,000
- Status
- ACTIVE
- MLS#
- 326087988
- Year Built
- 1972
- Property Type
- 5 or More Units
- Lot Size
- 23,958
- Acres
- 0.55
- County
- Sonoma
- Region
- Santa Rosa-Northeast
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.
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Additional Information
- Carport Spaces
- 16
- Basement
- None
- Heating
- Wall Furnace
- Cooling
- Ceiling Fan(s)
- Lot Description
- Cul-De-Sac
- Possession
- Close Of Escrow
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Listing courtesy of John W Garrett from Marcus & Millichap Real Estate Investment Services, Inc.
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