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Listed by Julian Solano • Excellerate Real Estate • Excellerate Real Estate
Excellerate Real Estate
Excellerate Real Estate
$1,459,000
Est. payment /mo
2,200 Beds
2 Baths
4,480 SqFt
Active
1000 Ripley ST Santa Rosa, CA 95401
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Key Details
Property Type Multi-Family
Sub Type 5 or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 4,480 sqft
Price per Sqft $325
MLS Listing ID 325025258
Bedrooms 2200
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1973
Lot Size 9,600 Sqft
Property Sub-Type 5 or More Units
Property Description
Don't miss this rare opportunity to own a 5-unit apartment property with strong income potential and a 6 CAP rate! This unique investment includes a charming single-family home and a fully leased fourplex, all situated on one parcel. The fourplex features four spacious 2-bedroom, 1-bath units, each currently rented below marketoffering significant room for increased cash flow. The standalone 2-bedroom, 1-bath home adds versatility to the property, ideal for continued rental income or future owner occupancy. Located in a desirable, tenant-friendly neighborhood near schools, public transportation, shopping, and with convenient highway access, this property benefits from consistent rental demand. Whether you're expanding your portfolio or searching for a well-positioned, income-generating asset with built-in upside, this 5-unit apartment building delivers on all fronts.
Location
State CA
County Sonoma
Area Santa Rosa-Northwest
Interior
Heating Central
Cooling None
Flooring Carpet, Vinyl
Exterior
Parking Features Covered, Detached, Street
Garage Spaces 4.0
Utilities Available Cable Available, City, Electric, Internet Available
Roof Type Composition
Building
Foundation Concrete Perimeter, Slab
Sewer Public Sewer
Water Public
Architectural Style Traditional
Construction Status Updated/Remodeled
Others
Special Listing Condition Offer As Is
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