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Listed by Brian P Reschke • SD Properties Group
$ 1,398,000
Est. payment | /mo
2,222 Beds
4 Baths
3,200 SqFt
$ 1,398,000
Est. payment | /mo
2,222 Beds
4 Baths
3,200 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,200 sqft
Price per Sqft $436
MLS Listing ID 326010438
Bedrooms 2222
Construction Status Updated/Remodeled,Varies by Unit
HOA Y/N No
Year Built 1972
Lot Size 7,501 Sqft
Property Sub-Type Quadruplex
Property Description
Rare opportunity to own a turn key 4-unit apartment property located in the coveted rental market of Cotati, CA. 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. 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
Location
State CA
County Sonoma
Area Cotati/Rohnert Park
Interior
Heating Central
Cooling None
Flooring Carpet, Tile
Exterior
Parking Features Covered, Off Street
Garage Spaces 4.0
Utilities Available Electric, Sewer Connected
Roof Type Composition
Building
Foundation Concrete
Sewer Public Sewer
Water Public
Construction Status Updated/Remodeled,Varies by Unit
Others
Special Listing Condition Offer As Is, None
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