We are pleased to bring to market a fabulous investment opportunity in Central Santa Rosa. Rarely do you find two independent homes in a duplex offering. This property was built in 1990 and consists of 2 totally independent homes along with a detached 2-car garage (each home uses 1 space) hosted by a robust driveway to accommodate onsite parking needs. The forward home has been further divided into a 2br/1ba+office and a 1br/1ba unit while the second home is a pure 3br/3ba home with a large rear yard. Tenants would like to remain and have been in place for sometime. The homes feature integrated heating and ducting, dual pane windows and doors. With annual current income of $61,680 and existing CAP rate of 4.5+% this property works well for an investor now, while offering current potential for a rent raise to market rents that could push the CAP rate near 6%. Line up your future with a quality real estate investment today!
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Compass Jeff Schween | CA DRE #: 01098851 (707) 480-7653