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5 or More Units

1112 Orchard Street

Santa Rosa, CA 95404

$3,650,000

Photo 1
Type
5 or More Units
Lot
0.55 acres
Year built
1972
County
Sonoma
Status
Active
MLS #
248737251

About the property

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.

Listing courtesy of Marcus & Millichap Real Estate Investment Services, Inc., John Garrett.

This information is believed to be accurate, but without warranty.