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720 Cherry Street

Santa Rosa, CA 95404
  • $1,575,000
  • STATUS: Active
  • ON SITE: 153 Days
  • ID#: 321060906
UPDATED: 149 min ago
$1,575,000
  • 0
    BEDS
  • 0.26
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,105
    SQFT
  • $384
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1921
County:

School Ratings & Info

Description

Charming 9-unit cottage-style apartment building located in the coveted Cherry St District directly adjacent to downtown Santa Rosa. Comprised of two spacious 2-bedroom units, one 1-bedroom unit and six studios, the subject property benefits from historically high occupancy. The property features 11kWp Sunpower solar above the carports, an on-site laundry room, seven of the nine units have new windows throughout, two units have been fully renovated and the entire exterior was painted in 2021. The building at the back of the property has a new shingle roof with new gutters and downspouts as of 2018. The property is located just a few blocks from all the city amenities and events in downtown Santa Rosa. In this extremely low inventory market, the subject property provides an excellent opportunity for the new or experienced investor to acquire a premium multi-family asset in a high demand location.

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© 2021 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Lisa Perotti | Corcoran Global Living. Data last updated: 2021-12-08T23:57:34.317.
www.lisaperotti.com/homes/119106093
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720 Cherry Street Santa Rosa, CA 95404

  • Price: $1,575,000
  • Status: Active
  • On Site: 153 Days
  • Updated: 149 min ago
  • ID#: 321060906
0
Beds
0
Baths
0
½ Baths
0.26
Acres
4,105
SQFT
$384
$/SQFT
1921
Built
Neighborhood:
Santa Rosa-Northeast
County:
Sonoma
Area:
Santa Rosa-Northeast
Property Description
Charming 9-unit cottage-style apartment building located in the coveted Cherry St District directly adjacent to downtown Santa Rosa. Comprised of two spacious 2-bedroom units, one 1-bedroom unit and six studios, the subject property benefits from historically high occupancy. The property features 11kWp Sunpower solar above the carports, an on-site laundry room, seven of the nine units have new windows throughout, two units have been fully renovated and the entire exterior was painted in 2021. The building at the back of the property has a new shingle roof with new gutters and downspouts as of 2018. The property is located just a few blocks from all the city amenities and events in downtown Santa Rosa. In this extremely low inventory market, the subject property provides an excellent opportunity for the new or experienced investor to acquire a premium multi-family asset in a high demand location.
Exterior Features

Carport Spaces 4 Covered Spaces 0 Independent Parking Spaces 0 Lot Features Shape RegularSidewalk Open Parking Spaces 0 Parking Features CoveredOff StreetUncovered Parking Total 8 Roof CompositionShingleTar/Gravel Tandem Parking Spaces 0

Interior Features

1 Bedroom Units Total 1 2 Bedroom Units Total 2 3 Bedroom Units Total 0 4 Bedroom Units Total 0 Commercial Units Total 0 Cooling None Heating Wall Furnace Laundry Features Coin OperatedIn Common AreaWasher/Dryer Leased Studio Units Total 6

Property Features

Association Fee 0 Association YN No Auction No Availability Date 1800-01-01T00:00:00 Gross Income 141023 Property Sub Type 5 Or More Units Property Type Residentialincome Sewer Public Sewer Subtype Description Apartments Water Source Public

Listing information © 2021 Bay Area Real Estate Information Services.
Listing courtesy of Steven Level of Berkshire Hathaway.


© 2021 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Lisa Perotti | Corcoran Global Living. Data last updated: 2021-12-08T23:57:34.317.
 
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