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923 Ripley Street

Santa Rosa, CA 95401
  • $2,525,000
  • STATUS: Active
  • ON SITE: 60 Days
  • ID#: 324080658
$2,525,000
  • 0
    BEDS
  • 0.3
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,996
    SQFT
  • $421
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1978
County:

School Ratings & Info

Description

Trellis Apartments is a turn-key apartment complex in the Railroad Square neighborhood of Santa Rosa, CA. Generating exceptional cash flow from the strong in place rents, this 7-unit property features a unique and highly desirable unit mix of two 3-bedroom, 2-bath houses and five 2-bedroom, 1-bath townhouse-style units. All units have full interior remodels including updated kitchens, bathrooms, flooring and fixtures. Each unit features in-unit laundry, central heat and AC, fenced yards or patios, dual-pane windows throughout, individual water heaters, and separate meters for gas and electric. All the remodels and upgrades were completed within the last 5 years and the property has been very well maintained. The Trellis Apartments are located just minutes away from the various shopping, amenities and public transportation options available in Downtown Santa Rosa. With easy access to Hwy-101, the property is located approximately 50 miles north of San Francisco, 30 miles west of Sonoma and 20 miles east of Bodega Bay. With fully remodeled interiors and an updated exterior, Trellis Apartments provides an excellent investment opportunity for a fully stabilized asset with historically low vacancy in desirable Sonoma County.

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Bay East ©2024. CCAR ©2024. bridgeMLS ©2024. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-12-07T23:57:13.603.
www.solanoregroup.com/homes/156512283
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923 Ripley Street Santa Rosa, CA 95401

  • Price: $2,525,000
  • Status: Active
  • On Site: 60 Days
  • ID#: 324080658
0
Beds
0
Baths
0
½ Baths
0.3
Acres
5,996
SQFT
$421
$/SQFT
1978
Built
Neighborhood:
Santa Rosa-Northwest
County:
Sonoma
Area:
Santa Rosa-Northwest
Property Description
Trellis Apartments is a turn-key apartment complex in the Railroad Square neighborhood of Santa Rosa, CA. Generating exceptional cash flow from the strong in place rents, this 7-unit property features a unique and highly desirable unit mix of two 3-bedroom, 2-bath houses and five 2-bedroom, 1-bath townhouse-style units. All units have full interior remodels including updated kitchens, bathrooms, flooring and fixtures. Each unit features in-unit laundry, central heat and AC, fenced yards or patios, dual-pane windows throughout, individual water heaters, and separate meters for gas and electric. All the remodels and upgrades were completed within the last 5 years and the property has been very well maintained. The Trellis Apartments are located just minutes away from the various shopping, amenities and public transportation options available in Downtown Santa Rosa. With easy access to Hwy-101, the property is located approximately 50 miles north of San Francisco, 30 miles west of Sonoma and 20 miles east of Bodega Bay. With fully remodeled interiors and an updated exterior, Trellis Apartments provides an excellent investment opportunity for a fully stabilized asset with historically low vacancy in desirable Sonoma County.
Exterior Features

Carport Spaces 7 Covered Spaces 0 Foundation Details ConcreteConcretePerimeterSlab Independent Parking Spaces 0 Lot Features CornerLandscape FrontSidewalk Open Parking Spaces 0 Parking Features CarportCoveredOff StreetStreet Parking Total 7 Patio And Porch Features Varies by Unit Roof CompositionShingle Tandem Parking Spaces 0

Interior Features

1 Bedroom Units Total 0 2 Bedroom Units Total 5 3 Bedroom Units Total 2 4 Bedroom Units Total 0 Commercial Units Total 0 Cooling CentralIndividual Heating CentralIndividual Laundry Features In Each UnitWasher/Dryer Owned Studio Units Total 0

Property Features

Association Fee 0 Association YN No Auction No Gross Income 205320 Property Sub Type 5 or More Units Property Type Residential Income Separate Meters ElectricityGas Sewer Public Sewer Subtype Description Apartments Tenant Pays ElectricityGas Water Source Public

Listing information © 2024 Bay Area Real Estate Information Services. Listing courtesy of Steven Level of Berkshire Hathaway: .


Bay East ©2024. CCAR ©2024. bridgeMLS ©2024. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-12-07T23:57:13.603.
 
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