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1112 Orchard St, Santa Rosa, CA 95404

$3,650,000

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List Price: $3,650,000
Status: ACTIVE
Days on Market: 11
MLS#: 326087988
Subtype: Residential Income
Year Built: 1972
Lot Size: 23,958
Acres: 0.55
Neighborhood: Santa Rosa-Northeast
MLS Area Major: Santa Rosa-Northeast

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Property Description

Rare 16-unit townhouse community in a fantastic Junior College neighborhood location featuring two-story, two-bedroom, 1.5-bath units with private yards and no shared walls above or below. Stable in-place income with upside to an above market cap rate rate once market rent have been achieved and a RUBS program has been implemented. Proven value-add opportunity through a renovation program already completed on five units. Located just 0.7 miles north of downtown on a quiet, tree lined street with no through traffic. Convenient access to Downtown Santa Rosa, Railroad Square, SMART rail, Highway 101, parks, schools, and Sonoma County employment centers.

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Additional Information

Heating: Wall Furnace
Air Conditioning: Ceiling Fan(s)
Parking Features: Covered, Off Street, Uncovered