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Brian Byers

brian.byers@engelvoelkers.com +1(415) 602-7915

Listed by Douglas A Swanson • Swanson Real Property, Inc

$ 995,000

Est. payment -/mo

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Price Dropped by $55K

900 Cherry ST Santa Rosa, CA 95404

1,110 Beds

3 Baths

2,104 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,104 sqft

Price per Sqft $472

MLS Listing ID 326012371

Bedrooms 1110

HOA Y/N No

Year Built 1950

Lot Size 3,402 Sqft

Property Sub-Type Triplex

Property Description

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

State CA

County Sonoma

Area Santa Rosa-Northeast

Interior

Heating Individual, Wall Furnace

Cooling None

Flooring Linoleum, Parquet, Tile, Wood

Exterior

Parking Features Attached, Garage, Off Street, Street, Varies by Unit

Garage Spaces 2.0

Utilities Available Cable Available, City, Electric, Natural Gas Connected, Sewer Connected

Building

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Architectural Style Mid-Century

Others

Special Listing Condition Trust, None

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Brian Byers

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+1(415) 602-7915

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