Seven bread n butter units always occupied. 9X Gross and 7 cap rate. Over 1/2 acre subdividable. Approved T-map in 1995 says Ok to create 8 parcel subdivision.see attached )Utilize current units as a land bank until you develop. Rents very stable and below market. Property consists of 3 duplexes and 1 cottage unit. Built stout out of block and stucco. Cute and clean inside. Good little investment with upside in our high demand rental market.
|
| Interior Features |
|
# of Units: 7
# of Studios: 0
# of 2 Bedrooms: 0
# of 4 Bedrooms: 0
|
Square Footage: 2520
# of 1 Bedrooms: 7
# of 3 Bedrooms: 0
|
|
|
|
Exterior Features |
|
Property Type: Multi Unit 5+
|
Lot Size (Sq. Ft.): 23,522 sq. ft.
Acres: 0.540
|
Investor Information |
|
Monthly Income: 4850
Est. Management: 2232
Est. Misc. Expenses: 3587
Est. Utilities Exp.: 1800
|
Monthly Expenses: 1623.75
Est. Insurance Exp.: 1541
Est. Maintenance Exp: 4000
|
|
Studio Rent Range: 0
1 Bedroom Rent Range: 1 @$650 6@$700
2 Bedroom Rent Range: 0
3 Bedroom Rent Range: 0
4 Bedroom Rent Range: 0
|
# Studios Occupied: 0
#of 1 Bdrms Occupied: 7
#of 2 Bdrms Occupied: 0
#of 3 Bdrms Occupied: 0
#of 4 Bdrms Occupied: 0
|
Community Information |
|
County: Sonoma
|
School District: Santa Rosa City
|
General Information |
|
Property Type: Multi Unit 5+
Transaction Type: Sale
|
New Construct/Resale: Resale
Status: Active
|
|
MLS #21027823
538 Boyd St
Santa Rosa, CA 95407
Listing Price: $529,000
Sorry, Unable to map the location
|
Listing information courtesy of: Matt Horner (MLS# B6527) - RE/MAX Central Santa Rosa (MLS# BRRE01)
Listing information current as of: Fri May 25, 2012 8:15:19 PST
Request More Information
Add to favorites
Print this page
Map Nearby Listings
Mortgage Calculator