Property Details
About this Property
This single-story, four-unit apartment building features two-bedroom, one-bath units, each with its own spacious backyard and front patio courtyard. Situated on a corner lot, the property offers added privacy. Every unit includes a one-car garage with washer and dryer hookups, and two units provide direct interior access. Long-term tenants currently pay below-market rents, projected to generate over $93K(+/-) in annual gross income. With minimal operating expenses, the property's projected net operating income is expected to exceed $74K(+/-) per year, yielding an impressive cap rate of over 8%(+/-). One move-in ready unit is vacant until the saleideal for owner-occupant buyers looking to secure both a home and an investment property. The property is connected to a public sewer and currently uses a shared well, but it has been approved for annexation into the City of Santa Rosa for public water. Priced at just $225,000 per unit, this offering presents an exceptional investment opportunity for both investors and first-time buyers alike.
MLS Listing Information
MLS #
BA325016476
MLS Source
Bay Area Real Estate Information Services, Inc.
Interior Features
Kitchen
Varies by Unit
Appliances
Other
Flooring
Varies by Unit
Cooling
None
Heating
Wall Furnace
Exterior Features
Roof
Composition
Foundation
Slab
Style
Ranch
Parking, School, and Other Information
Garage/Parking
Garage, Garage: 4 Car(s)
Sewer
Public Sewer
Water
Well
HOA Fee
$0
Zoning
R3
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 3 | 4 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 728 | 2 | 1/0 | $1,900 |
| 2 | 728 | 2 | 1/0 | $1,775 |
| 3 | 728 | 2 | 1/0 | $2,400 |
| 4 | 728 | 2 | 1/0 | $1,550 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
151 Eddy Dr is a Residential Income in Santa Rosa, CA 95407. This 2,912 square foot property sits on a 0.303 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $960,000 and was built in 1970. This address can also be written as 151 Eddy Dr, Santa Rosa, CA 95407.
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This listing information is up-to-date as of April 04, 2025. For the most current information, please contact Aaron Pardo, (707) 303-5695
