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2318 Donahue Ave Ave, Santa Rosa, CA 95401

$4,500,000
: 4,686
SqFt

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List Price: $4,500,000
Status: ACTIVE
Days on Market: 1
MLS#: 326093121
Subtype: Residential Income
Year Built: 1994
Living Area: 4,686
Lot Size: 6,098
Acres: 0.14
Neighborhood: Santa Rosa-Northwest
MLS Area Major: Santa Rosa-Northwest

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Property Description

2304-2318 Donahue Avenue presents an 8-unit, townhome-style community on approximately 0.66 acres in northwest Santa Rosa. Built in 1994, the property comprises three two-story buildings with four 2BR/1.5BA units (approx. 1,050 SF) and four 3BR/2.5BA units (approx. 1,250-1,260 SF), totaling approximately 9,230 SF. Each residence offers an attached one-car garage, covered front porch, private fenced patio, and washer/dryer hookups, with 12 additional open parking spaces on site. Select units have been updated with luxury vinyl plank flooring, recessed lighting, crown molding, and stainless steel appliances. Tenants pay PG&E, and water and sewer are recovered through a third-party RUBS billing program. In-place rents are approximately 11% below market, offering upside through lease-up and natural turnover.

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Additional Information

Heating: Natural Gas
Air Conditioning: Ceiling Fan(s)
Levels: Two
Roof: Composition, Shingle
Foundation: Concrete
Parking Features: Garage, Uncovered
Garage Spaces: 8