8175 Arthur St Active Save Request In-Person Tour Request Virtual Tour
Cotati,CA 94931
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision None(2161)
MLS Listing ID 250039517
Bedrooms 8
Full Baths 4
Year Built 1972
Lot Size 7,500 Sqft
Property Sub-Type Res Income 2-4 Units
Type of Financing Cash,Conventional
Property Type Res Income 2-4 Units
Property Description
Rare opportunity to own a turn key 4-unit apartment property located in the coveted rental market of Cotati, CA. Comprised of four spacious 2-bedroom, 1-bath units, this highly desirable investment property features upgraded units, four assigned parking spaces in a covered carport, locking metal security screen doors, and strong income. This unique investment is fully occupied and situated on a parcel towards the end of a dead-end road in quiet Cotati. The fourplex features four spacious 2-bedroom, 1-bath units, including energy efficient fit & finish details throughout. Located in a desirable, tenant-friendly neighborhood near schools, parks, public transportation (minutes away from the SMART train station), shopping, restaurants, convenient highway access, and other amenities of Sonoma County. This property benefits from consistent rental demand. The property is also near Sonoma State University, Graton Casino and Spreckels Performing Arts Center If you are expanding your portfolio or searching for a well-positioned turnkey income-generating asset, this excellent 4-unit apartment building delivers on all fronts. Units are separately metered for gas and electricity but have an agreement to split water and sewer amongst them and it has never been an issue. Buyer to verify, but City permitting said it should be possible to add two ADU's to the property. Huge profit potential with limited impact on current tenants. Value Add
Location
State CA
County Sonoma
Interior
Fireplace No
Exterior
Fence Partial
View Y/N No
Roof Type Composition
Building
Story 2
Level or Stories 2
Others
Tax ID 144-273-013-000
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Virtual Tour https://www.propertypanorama.com/instaview/snd/250039517