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Listing Details

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School Ratings & Info

Description

15096-15098 Old River Road- This extremely charming perfectly located Multi-Unit property is thriving! Recently updated and fully Leased. The property consists of 10 1 bedroom units with Kitchenettes, hardwood floors, and chic tile bathrooms. As well as a 3 bedroom 1 bath home upstairs with separate 3 bedroom 2 bath below. The 2 homes share a common area that include a recently updated pool. The property also consists of a bonus unit and 5 independent storage units that have added income to peak the cap rate to 5.4% (Pro-forma). The location across the street from the river and a short walk to downtown Guerneville combined with the zoning (K Zoning) make this property a desirable asset to ones portfolio. Owner Finance Possible.

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© 2021 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Golden Gate Sotheby's International Realty. Data last updated: 2021-09-19T12:56:45.487.
www.jasonknowsmarin.com/homes/118239634
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15096 Old River Road Guerneville, CA 95446

  • Price: $1,690,000
  • Status: Active
  • Updated: 87 min ago
  • ID#: 321053290
4
Beds
3
Baths
0
½ Baths
0.71
Acres
5,832
SQFT
$290
$/SQFT
1944
Built
Neighborhood:
Russian River
County:
Sonoma
Area:
Russian River
Property Description
15096-15098 Old River Road- This extremely charming perfectly located Multi-Unit property is thriving! Recently updated and fully Leased. The property consists of 10 1 bedroom units with Kitchenettes, hardwood floors, and chic tile bathrooms. As well as a 3 bedroom 1 bath home upstairs with separate 3 bedroom 2 bath below. The 2 homes share a common area that include a recently updated pool. The property also consists of a bonus unit and 5 independent storage units that have added income to peak the cap rate to 5.4% (Pro-forma). The location across the street from the river and a short walk to downtown Guerneville combined with the zoning (K Zoning) make this property a desirable asset to ones portfolio. Owner Finance Possible.
Exterior Features

Carport Spaces 0 Covered Spaces 0 Foundation Details Other Independent Parking Spaces 0 Lot Features None Open Parking Spaces 0 Parking Features Off StreetUncovered Parking Total 13 Roof Composition Tandem Parking Spaces 0

Interior Features

1 Bedroom Units Total 10 2 Bedroom Units Total 1 3 Bedroom Units Total 1 4 Bedroom Units Total 0 Commercial Units Total 5 Cooling None Heating Electric Laundry Features Other Studio Units Total 0

Property Features

Association Fee 0 Association YN No Auction No Availability Date 1800-01-01T00:00:00 Gross Income 206688 Property Sub Type 5 Or More Units Property Type Residentialincome Sewer Public Sewer Water Source Public

Listing information © 2021 Bay Area Real Estate Information Services.
Listing courtesy of Mark Altes of Compass.


© 2021 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Golden Gate Sotheby's International Realty. Data last updated: 2021-09-19T12:56:45.487.
 
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Golden Gate Sotheby's International Realty
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San Rafael CA, 94901