Active

923 Ripley St

Santa Rosa CA, 95401

$2,550,000


$425.28 per sqft

Active

5,996 sqft

Multi-family

Built in 1978

Turn-key apartment complex in the Northern Bay Area generating exceptional cash flow from the strong in place rents. With seven units in total, the Trellis Apartments feature a unique and highly desirable unit mix of two 3-bedroom, 2-bath houses and five 2-bedroom, 1-bath townhouse-style units. All units have full interior remodels including updated kitchens, bathrooms, flooring and fixtures. Each unit features in-unit laundry, central heat and AC, fenced yards or patios, dual-pane windows throughout, individual water heaters, and separate meters for gas and electric. All the remodels and upgrades were completed within the last 5 years and the property has been very well maintained. The Trellis Apartments are located just minutes away from the various shopping, amenities and public transportation options available in Downtown Santa Rosa. With easy access to Hwy-101, the property is located approximately 50 miles north of San Francisco, 30 miles west of Sonoma and 20 miles east of Bodega Bay. With fully remodeled interiors and an updated exterior, the Trellis Apartments provides an excellent investment opportunity for a fully stabilized asset with historically low vacancy in desirable Sonoma County.

324043232

MLS ID

June 5, 2024

Listed

July 13, 2024

Updated

Map

923 Ripley St
Santa Rosa CA, 95401

Interior Features

Total Stories

0


Laundry Description

In Each Unit, Washer/Dryer Owned


Fireplace

No


Cooling

Yes


Cooling Description

Central


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.3 Acres


Exterior Features

Corner, Landscape Front, Sidewalk


Lot Features

Corner, Landscape Front, Sidewalk


Roof

Composition, Shingle


Sewer

Public Sewer

Other Property Details

Area Name

Santa Rosa-Northwest


Garage

No


Parking

Carport, Covered, Off Street, Street


Parking Total

7


View

No


County

Sonoma


Water Source

Public


Pool

No

Listed by Steven Level (01184232) with Berkshire Hathaway

Listing Contact:  

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