900 Cherry St, Santa Rosa, CA 95404

Sqft
2,104
Garage
Yes

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Listed bySwanson Real Property, Inc
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Overview

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.

Location

Full feature list

Basic info

Property type
Multi-family
Square feet
2,104
Lot size (acres)
0.08
Year built
1950

Interior features

Laundry
Washer and Dryer Hookup

Garage and parking

Garage parking spaces
2

Utilities

Heating
Individual, Wall Furnace
Cooling
None
Sewer
Public Sewer
Water
Public Water

Public schools

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Sourced from: Bay Area Real Estate Information Services MLS®#: 326057568 Last checked:

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