For Sale
$1,549,000

1000 Ripley StSanta Rosa, CA 95401

Fourplex & Single-Family Home, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity in Santa Rosa, CA, presents a rare chance to acquire a combined multifamily property consisting of two addresses on a single parcel: 1000 Ripley St and 211 Lincoln St. The main property, located at 1000 Ripley Street, is a well-maintained fourplex featuring four fully leased two-bedroom, one-bathroom units. Currently operating below market rents, these units offer significant potential for increased rental income. The second property, situated at 211 Lincoln Street, is a charming, fully leased two-bedroom, one-bathroom single-family home. This presents a versatile option, ideal for owner-occupancy or as an additional rental income stream. The entire property is situated in a highly desirable Santa Rosa neighborhood, conveniently located near schools, public transportation, and various amenities. Easy access to major highways ensures tenant convenience. The strong rental demand and considerable upside potential make this a perfect investment for those seeking a stable, income-generating property with substantial growth opportunities. The asking price for this fully leased, multi-unit property is $1,549,000. This is a truly unique opportunity in a prime location; don't miss out. The property is located in Sonoma County, CA, zip code 95401.

Highlights

  • $1,549,000 asking price.
  • Multifamily property consisting of a fourplex and a single-family home on one parcel.
  • Fourplex features four 2-bed/1-bath units, all currently leased below market rate.
  • Single-family home is a 2-bed/1-bath unit, also fully leased.
  • Desirable Santa Rosa, CA location near schools, transportation, and amenities.

Property Details for 1000 Ripley St

Property type
Apartment buildings

Location Insight

City
Santa Rosa
County
Sonoma
State
California
Latitude
38.4451386
Longitude
-122.7244642
1000 Ripley St, Santa Rosa, California

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1000 Ripley St
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