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294 E Cotati Avenue

Cotati, CA 94931
  • $5,995,000
  • STATUS: Active
  • ON SITE: 17 Days
  • ID#: 321096180
UPDATED: 111 min ago
$5,995,000
  • 4
    BEDS
  • 0.97
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 21,600
    SQFT
  • $278
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1971
County:

School Ratings & Info

Description

A rare opportunity to own 24 units in an A+ location. Just two blocks from The Plaza of Cotati w/ great restaurants, cafes, & shops PLUS just two blocks to the beloved Oliver's Market, Starbucks, & more. Engulfed by parks & just a 5 min drive to Sonoma State University, it is easy to understand & make the most out of the proven appeal to tenants. Comprised of 2 bedroom, 1.5 bathroom Townhouse-style units for ease of ownership & desirability. Each unit includes a private patio + 2 parking spots & boasts a floor plan w/ an astonishing 950+/- SqFt(not verified). Set on a 42,300 SqFt lot, the property has 4 separate buildings. 3 of the 4 roofs have been replaced recently as have many of the appliances. Perfect for investors who want good returns as-is or for those looking to realize the upside of under market rents. One of the lowest prices per door in Sonoma County & some of the largest units in the rental market, the buyer will have an easy path towards realizing excellent cashflow.

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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 The Abramowicz Group | RE/MAX Gold. Data last updated: 2021-10-23T23:57:23.667.
www.a9homes.com/homes/122153051
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294 E Cotati Avenue Cotati, CA 94931

  • Price: $5,995,000
  • Status: Active
  • Updated: 111 min ago
  • ID#: 321096180
4
Beds
2
Baths
0
½ Baths
0.97
Acres
21,600
SQFT
$278
$/SQFT
1971
Built
Neighborhood:
Cotati/Rohnert Park
County:
Sonoma
Area:
Cotati/Rohnert Park
Property Description
A rare opportunity to own 24 units in an A+ location. Just two blocks from The Plaza of Cotati w/ great restaurants, cafes, & shops PLUS just two blocks to the beloved Oliver's Market, Starbucks, & more. Engulfed by parks & just a 5 min drive to Sonoma State University, it is easy to understand & make the most out of the proven appeal to tenants. Comprised of 2 bedroom, 1.5 bathroom Townhouse-style units for ease of ownership & desirability. Each unit includes a private patio + 2 parking spots & boasts a floor plan w/ an astonishing 950+/- SqFt(not verified). Set on a 42,300 SqFt lot, the property has 4 separate buildings. 3 of the 4 roofs have been replaced recently as have many of the appliances. Perfect for investors who want good returns as-is or for those looking to realize the upside of under market rents. One of the lowest prices per door in Sonoma County & some of the largest units in the rental market, the buyer will have an easy path towards realizing excellent cashflow.
Exterior Features

Architectural Style Other Carport Spaces 0 Covered Spaces 0 Independent Parking Spaces 0 Lot Features Central Bbq Open Parking Spaces 0 Parking Features CarportCoveredUncovered Parking Total 48 Tandem Parking Spaces 0

Interior Features

1 Bedroom Units Total 0 2 Bedroom Units Total 24 3 Bedroom Units Total 0 4 Bedroom Units Total 0 Commercial Units Total 0 Cooling None Heating Other Laundry Features Coin OperatedIn Common Area Studio Units Total 0

Property Features

Association Fee 0 Association YN No Auction No Availability Date 1800-01-01T00:00:00 Gross Income 455450 Property Sub Type 5 Or More Units Property Type Residentialincome Separate Meters Electricity Sewer Public Sewer Subtype Description Apartments Tenant Pays Electricity Water Source Public

Listing information © 2021 Bay Area Real Estate Information Services.
Listing courtesy of Nick Svenson of Sotheby's International Realty.


© 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 The Abramowicz Group | RE/MAX Gold. Data last updated: 2021-10-23T23:57:23.667.
 
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