145 Lincoln St
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145 Lincoln St
4 Unit Block of Flats £842,652 (£210,663/Unit) 5.97% Net Initial Yield Santa Rosa, CA 95401
Investment Highlights
- Great Investment Opportunity
- Desirable Location
- Nice Unit Mix - (2) 2-bedroom & (2) 1-bedroom
- Well Maintained With Interior Upgrades
Executive Summary
**PRICE REDUCED**
Excellent 4-Unit investment property situated on a corner lot in the Railroad Square neighborhood just a few blocks from Downtown Santa Rosa. Consisting of two (2) 2-bedroom, 1-bath units and two (2) 1-bedroom, 1-bath units, this desirable fourplex has been updated with dual-pane windows, laminate flooring and granite countertops. This well-maintained property features an on-site laundry room, carport parking at the rear of the property and separate meters for gas and electric. Don’t miss this opportunity to acquire a fully stabilized asset producing great cash flow in a highly desirable location.
Excellent 4-Unit investment property situated on a corner lot in the Railroad Square neighborhood just a few blocks from Downtown Santa Rosa. Consisting of two (2) 2-bedroom, 1-bath units and two (2) 1-bedroom, 1-bath units, this desirable fourplex has been updated with dual-pane windows, laminate flooring and granite countertops. This well-maintained property features an on-site laundry room, carport parking at the rear of the property and separate meters for gas and electric. Don’t miss this opportunity to acquire a fully stabilized asset producing great cash flow in a highly desirable location.
Property Facts
Price | £842,652 | Apartment Style | Garden |
Price Per Unit | £210,663 | Building Class | C |
Sale Type | Investment | Lot Size | 0.18 AC |
Net Initial Yield | 5.97% | Building Size | 2,968 SF |
Gross Rent Multiplier | 12.13 | Average Occupancy | 100% |
No. Units | 4 | Number of Floors | 2 |
Property Type | Residential | Year Built | 1969 |
Property Subtype | Apartment | Parking Ratio | 1.35/1,000 SF |
Price | £842,652 |
Price Per Unit | £210,663 |
Sale Type | Investment |
Net Initial Yield | 5.97% |
Gross Rent Multiplier | 12.13 |
No. Units | 4 |
Property Type | Residential |
Property Subtype | Apartment |
Apartment Style | Garden |
Building Class | C |
Lot Size | 0.18 AC |
Building Size | 2,968 SF |
Average Occupancy | 100% |
Number of Floors | 2 |
Year Built | 1969 |
Parking Ratio | 1.35/1,000 SF |
Unit Mix Information
Description | No. Units | Avg. Rent.Mo | SF |
---|---|---|---|
2+1 | 2 | - | 800 |
1+1 | 2 | - | 650 |
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Walk Score ®
Very Walkable (82)
PROPERTY TAXES
Parcel Number | 010-122-030 | Improvements Assessment | £469,511 |
Land Assessment | £313,007 | Total Assessment | £782,518 |
PROPERTY TAXES
Parcel Number
010-122-030
Land Assessment
£313,007
Improvements Assessment
£469,511
Total Assessment
£782,518
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145 Lincoln St
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