Description
Welcome to 748 Morgan Street, Santa Rosa. This exceptional fourplex is an ideal investment, offering an immediate revenue stream and potential for further income growth. With a gross monthly income of $7,913, this property generates strong rental revenue. With two newly remodeled units, this property boasts ultra-low maintenance and minimal need for capital improvements. Perfectly positioned just a short drive from Highway 101 and the vibrant heart of downtown Santa Rosa, this property's central location serves as an attraction for current and future tenants alike. Constructed in 1995, this well-maintained building merges modern features with very low maintenance, ensuring a turn-key solution for investors. The property consists of four well-appointed units, each featuring one bedroom and one bathroom. Each unit benefits from private, single-car garages as well, enhancing tenant appeal and convenience. This property also features onsite laundry, which acts as an additional source of income. Don't miss the opportunity to own a prime piece of real estate in Santa Rosa with promising returns and strategic growth potential.
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4BEDS
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0.12ACRES
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4BATHS
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01/2 BATHS
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2,320SQFT
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$515$/SQFT
School Ratings & Info
Description
Welcome to 748 Morgan Street, Santa Rosa. This exceptional fourplex is an ideal investment, offering an immediate revenue stream and potential for further income growth. With a gross monthly income of $7,913, this property generates strong rental revenue. With two newly remodeled units, this property boasts ultra-low maintenance and minimal need for capital improvements. Perfectly positioned just a short drive from Highway 101 and the vibrant heart of downtown Santa Rosa, this property's central location serves as an attraction for current and future tenants alike. Constructed in 1995, this well-maintained building merges modern features with very low maintenance, ensuring a turn-key solution for investors. The property consists of four well-appointed units, each featuring one bedroom and one bathroom. Each unit benefits from private, single-car garages as well, enhancing tenant appeal and convenience. This property also features onsite laundry, which acts as an additional source of income. Don't miss the opportunity to own a prime piece of real estate in Santa Rosa with promising returns and strategic growth potential.
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