8190 Arthur Street

    Cotati, CA 94931
    • $995,000
    • STATUS: Active
    • ON SITE: 94 days
    • ID#: 21922771
    UPDATED: 73 min ago
    $995,000
    • 0
      BEDS
    • 0.29
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,638
      SQFT
    • $377
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    Great Investment Opportunity!! Projected CAP 4.5% Units located a short distance to popular downtown Cotati where there is a park, restaurants, bars, and shops. Sonoma State is less that 2 miles away at the other end of East Cotati Ave. There is an cute updated early 1900's Cottage at the front that has a new roof, been painted inside and out with 2 bedrooms and a den plus inside laundry and a 2 car garage/carport behind. The bathrooms and kitchen have new cabinets, sinks and The Duplex at the rear has been painted on the exterior and has a new roof. The floor plans are identical but reversed 2 bedroom and 1 bathroom units that each have a large laundry room and eat in kitchen. Unit 2 has new flooring and some bathroom updating and Unit 3 has been updated throughout with new cabinets and Granite Counters in the kitchen, new flooring and paint, and some new appliances. New bathroom cabinets. Both units have a 1 car garage. Unit 3 Tenants will love the big yard and storage shed.

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    © 2019 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 | Zephyr Real Estate. Data last updated: 2019-12-09T15:56:23.647.
    www.lisaperotti.com/homes/98678020

    8190 Arthur Street Cotati, CA 94931

    • Price: $995,000
    • Status: Active
    • Updated: 73 min ago
    • ID#: 21922771
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.29
    Acres
    2,638
    SQFT
    $377
    $/SQFT
    Neighborhood:
    Cotati/Rohnert Park
    County:
    Sonoma
    Area:
    Cotati/Rohnert Park
    Elementary School:
    Call Dist
    Middle School:
    Call Dist
    High School:
    Rancho Cotati Hs
    School District:
    Cotati Rohnert Park
    Property Description
    Great Investment Opportunity!! Projected CAP 4.5% Units located a short distance to popular downtown Cotati where there is a park, restaurants, bars, and shops. Sonoma State is less that 2 miles away at the other end of East Cotati Ave. There is an cute updated early 1900's Cottage at the front that has a new roof, been painted inside and out with 2 bedrooms and a den plus inside laundry and a 2 car garage/carport behind. The bathrooms and kitchen have new cabinets, sinks and The Duplex at the rear has been painted on the exterior and has a new roof. The floor plans are identical but reversed 2 bedroom and 1 bathroom units that each have a large laundry room and eat in kitchen. Unit 2 has new flooring and some bathroom updating and Unit 3 has been updated throughout with new cabinets and Granite Counters in the kitchen, new flooring and paint, and some new appliances. New bathroom cabinets. Both units have a 1 car garage. Unit 3 Tenants will love the big yard and storage shed.
    Exterior Features

    Drainage Sump Pump Exterior StuccoWood Siding Foundation Construct Concrete Perimeter Garage Parking 4-7 Cars8-11 CarsDetachedGarageOff StreetSide By SideTandem Lot Description LevelCity Pool No Roof Composition Style CottageRanch Type 1 StoryHouse & Apartments View No Yard Grounds Fenced YardPatio(S)Paved StreetYard Space

    Interior Features

    Energy Conservation Ceiling InsulationDual Pane WindowsLow-Flow ShowerLow-Flow Toilet Fireplace No Floors Simulated WoodVinyl/LinoleumW/W Carpet Laundry Appliance In Each UnitW/D Hookups Unit1 Access Feat None Unit1 Approx Sq Ft 1000 Unit1 Baths Full 1 Unit1 Bedrooms 2 Unit1 Half Baths 1 Unit1 Includes 220 WiringCentral HeatCarpetsElectricGasOven/RangeWasher/Dryer HookupsW/Heat-Gas Unit1 Sq Ft Source Not Measured Unit1 Total Rooms 5 Unit2 Access Feat None Unit2 Approx Sq Ft 900 Unit2 Baths Full 1 Unit2 Bedrooms 2 Unit2 Half Baths 0 Unit2 Includes 220 WiringCentral HeatCarpetsElectricGasPatio(S)Private YardWasher/Dryer HookupsW/Heat-Gas Unit2 Sq Ft Source Not Measured Unit2 Total Rooms 5 Unit3 Access Feat None Unit3 Approx Sq Ft 900 Unit3 Baths Full 1 Unit3 Bedrooms 2 Unit3 Half Baths 0 Unit3 Includes 220 WiringCarpetsElectricGasPrivate YardWasher/Dryer HookupsW/Heat-Gas Unit3 Sq Ft Source Not Measured Unit3 Total Rooms 5 Unit4 Approx Sq Ft 0 Unit4 Total Rooms 0

    Property Features

    Auction No Cap Rate 4.50 City Transfer Tax No City Transfer Tax Rate 0.00 Common Int Dev No Deposits 0.00 Est Ann Net Income 45263.00 Est Insurance Exp 2500.00 Est Maintenance Exp 3600.00 Est Management 7500.00 Est Misc Expenses 1200.00 Est Taxes 12437.00 Est Total Annual Exp 29737.00 Est Utilities Exp 2500.00 Expense Source Owner GRM 13.27 Gross Scheduled Inc 75000.00 Lot Size Source (Realist Public Rec) Monthly Expenses 2478.08 Monthly Income 6250.00 Multifamily Type Multi Unit 2-4 New Construction Or Resale Resale Operating Exp Inc InsuranceMaintenanceManagementMiscellaneousTaxes/AssessmentsVacancy FactorWaterOther Planned Unit Develop No Projected Or Actual Projected Property Mgmt Co Mahoney Davison Safety Security Carbon Mon DetectorSmoke Alarms Seller Will Consider Cash OnlyConventionalFha Separate Meters ElectricityGas Sewer Septic Sewer Public Square Footage Source Not Verified Tenant Pays Cable TvElectricityGarbageGasInsurance Transaction Type Sale Unit1 Date Lease Ex 2020-09-24 Unit1 Lease Term Year Lease Unit1 Rents For 2250.00 Unit2 Lease Term Other Unit2 Rents For 1900.00 Unit3 Date Lease Ex 2020-04-24 Unit3 Lease Term Lease < 1 Year Unit3 Rents For 2100.00 Unit4 Rents For 0.00 Utilities Cable TvCityElectricGas Water HeaterPg&E Water Source Water-Public Year Built Exception Unknown

    Listing information © 2019 Bay Area Real Estate Information Services.
    Listing courtesy of Steven Cohn of Keller Williams Realty.


    © 2019 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 | Zephyr Real Estate. Data last updated: 2019-12-09T15:56:23.647.
     
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