2318 Donahue Ave Ave, Santa Rosa, CA 95401

$4,500,000
4,686
SqFt

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List Price
$4,500,000
Status
ACTIVE
MLS#
326093121
Year Built
1994
Property Type
5 or More Units
Living Area
4,686
Lot Size
6,098
Acres
0.14
County
Sonoma
Region
Santa Rosa-Northwest

Property Description

2304-2318 Donahue Avenue presents an 8-unit, townhome-style community on approximately 0.66 acres in northwest Santa Rosa. Built in 1994, the property comprises three two-story buildings with four 2BR/1.5BA units (approx. 1,050 SF) and four 3BR/2.5BA units (approx. 1,250-1,260 SF), totaling approximately 9,230 SF. Each residence offers an attached one-car garage, covered front porch, private fenced patio, and washer/dryer hookups, with 12 additional open parking spaces on site. Select units have been updated with luxury vinyl plank flooring, recessed lighting, crown molding, and stainless steel appliances. Tenants pay PG&E, and water and sewer are recovered through a third-party RUBS billing program. In-place rents are approximately 11% below market, offering upside through lease-up and natural turnover.

Additional Information

Garage Spaces
8
Basement
None
Foundation
Concrete
Heating
Natural Gas
Cooling
Ceiling Fan(s)
Lot Description
Cul-De-Sac, Private
Possession
Close Of Escrow
Roof
Composition, Shingle

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Calculator source: Real Geeks

Listing courtesy of Jaime Gutierrez from Artisan Sotheby's Int'l Realty

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