615 Antonio St, Cloverdale, CA 95425

Property Description

A unique opportunity awaits in Alexander Valley Wine Country. Located in the northernmost community of Cloverdale in Sonoma County, 615 Antonio includes three living units for family living OR an incredible 1031 exchange/investment opportunity. As an Owner/Investor, you may live in one unit in this tri-plex while leasing out the others. The property is fully leased with quality long-term tenants. It boasts a strong GRM & CAP Rate based on current expenses, reassessed property taxes and estimated insurance coverage. Each unit was updated in 2019 with minimal maintenance required. Triplex is at the end of a quiet neighborhood bordering a vineyard to the west and the Cloverdale City Park to the south. Main home with large private backyard features 4 bedrooms with a fully approved studio ADU (formerly a garage). The second living unit is a separate manufactured home on permanent foundation with 2 bedrooms and private yard. Total living space is 2566 sq ft. Each unit includes off-street parking along with separate meters for PG&E (electricity & gas) plus Xfinity (cable & internet). DO NOT disturb tenants during a drive by evaluation. Living units are available for viewing only after an accepted offer.