$ 995,000
-
$995,000
Price -
3
Bed -
3
Bath -
2,104
SqFt
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About the Listing 7B2366 - B410406
This downtown mid-century modern Historic Cherry Street Triplex is located in the 'Cherry Street Historic District' which is walking distance to downtown Santa Rosa with its mall, restaurants, and shops. This is a 1950 Mid-Century Modern building in good condition and with consistent income currently $5,700 per month total. That equates to $68,000 in Gross income per year with a Net Operating Income of $45,600, representing a scheduled Capitalization Rate of roughly 5% projected for a new owner. Each unit has 1 bedroom, 1 bath, a living room, bedroom, and full kitchen. There are 2 laundry hook-ups, use varies between units. 900 Cherry is roughly 750 sq ft. 516 'A' is roughly 700 sq ft. 516 'B' is roughly 450 sq ft. Each unit is occupied with long-term tenants that would like to remain. The leases are all recently extended to April 2026 and go month-to-month thereafter. The tenants would like to remain longer term. This is a desirable neighborhood sought after by all that enjoy having such close proximity to downtown Santa Rosa and all it has to offer.
Listing Highlights
Status
Active
Days on Site
25
Property Type
Multi-Family
MLS ®
326012371
Year Built
1950
Total Square Footage
2,104
Lot/Acreage
0.08
County
Sonoma
Area
Santa Rosa-Northeast
Interior Details
- Bedrooms: 3
- Bathrooms: 3 Full
- Appliances:
- Air Cond:
- Heating: Individual,Wall Furnace
- Fireplaces:
- Floor: Linoleum,Parquet,Tile,Wood
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Corner,Sidewalk
- Garage Capacity: 2 car
- Parking Spaces: 2
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Attached,Garage,Off Street,Street,Varies by Unit
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 009-052-001-000
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
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Questions About..
900 Cherry St Santa Rosa, CA 95404
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