Skip To Content
    Return to Previous Page

    1232 College Avenue

    Santa Rosa, CA 95404
    • $800,000
    • STATUS: Active
    • ON SITE: 94 days
    • ID#: 22014522
    UPDATED: 33 min ago
    $800,000
    • 0
      BEDS
    • 0.09
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,489
      SQFT
    • $178
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1956
    County:

    School Ratings & Info

    Description

    Located in the heart of wine country, this 14 unit apartment/boarding house has endless potential. Transform into an AirBnB for Wine Retreat vacations. Build out into individual 1-2 bedroom apartments and increase your return on investment. Expand the Vacant lot into a secondary income generating source. Renovate into a modern day themed hotel. The potential for this unique property is endless and just needs the right vision to make that dream a reality.

    Monthly Payment Calculator



    © 2020 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 W Real Estate | Luxury Team. Data last updated: 2020-10-01T08:55:45.01.
    www.buywinecountryproperties.com/homes/107312978
    Print Image

    1232 College Avenue Santa Rosa, CA 95404

    • Price: $800,000
    • Status: Active
    • Updated: 33 min ago
    • ID#: 22014522
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.09
    Acres
    4,489
    SQFT
    $178
    $/SQFT
    1956
    Built
    Neighborhood:
    Santa Rosa-Northeast
    County:
    Sonoma
    Area:
    Santa Rosa-Northeast
    Property Description
    Located in the heart of wine country, this 14 unit apartment/boarding house has endless potential. Transform into an AirBnB for Wine Retreat vacations. Build out into individual 1-2 bedroom apartments and increase your return on investment. Expand the Vacant lot into a secondary income generating source. Renovate into a modern day themed hotel. The potential for this unique property is endless and just needs the right vision to make that dream a reality.
    Exterior Features

    Carports 0 Exterior Stucco Foundation Construct Cc Slab Garages 0 Lot Description Level On Site Parking Uncovered Open Uncovered Spaces 10 Roof Shingle Rv Boat Spaces 0 Type Apartments Underground Spaces 0

    Interior Features

    Heat Cool 3+ Window Unit Incl.Ceiling Fan(S)Individual

    Property Features

    1 Bdrm Ann Occupancy 100.00 1 Bdrms Occupied 1 1 Bedroom Rent Range 800 1 Bedrooms 1 2 Bdrm Ann Occupancy 0.00 2 Bdrms Occupied 0 2 Bedroom Rent Range 0 2 Bedrooms 0 3 Bdrm Ann Occupancy 0.00 3 Bdrms Occupied 0 3 Bedroom Rent Range 0 3 Bedrooms 0 4 Bdrm Ann Occupancy 0.00 4 Bdrms Occupied 0 4 Bedroom Rent Range 0 4 Bedrooms 0 Actual Or Projected Projected Auction No Cap Rate 7.00 City Transfer Tax Yes City Transfer Tax Rate 0.00 Comm Units Rent Rang 0 Commercial Units 0 Common Int Dev Unknown Est Insurance Exp 0.00 Est Maintenance Exp 3275.00 Est Management 0.00 Est Misc Expenses 2500.00 Est Net Income 53505.10 Est Taxes 1219.90 Est Total Annual Exp 18494.90 Est Utilities Exp 11500.00 Expense Source Property Management Furnished Units 0 GRM 11.11 Gross Scheduled Inc 72000.00 Guest Spaces 0 Laundry Appliance Common Room Lease Deposit 0.00 Lot Size Source (Realist Public Rec) Monthly Expenses 1541.24 Monthly Income 6000.00 Multifamily Type Multi Unit 5+ New Construction Or Resale Resale Operating Exp Inc ElectricityGarbageGasMaintenanceManagementMiscellaneous Pending Litigation No Planned Unit Develop Unknown Safety Security Smoke Alarms Seller Will Consider Cash OnlyConventional Sewer Septic Sewer Public Square Footage Source Realist Public Rec Studio Ann Occupancy 100.00 Studio Rent Range 300-600 Studios 13 Studios Occupied 9 Transaction Type Sale Utilities ElectricGas Water HeaterPg&E Water Source Water-Public Year Built Source Realist Public Rec

    Listing information © 2020 Bay Area Real Estate Information Services.
    Listing courtesy of Bret Fouche of Keller Williams Tri-Valley.


    © 2020 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 W Real Estate | Luxury Team. Data last updated: 2020-10-01T08:55:45.01.
     
    https://bt-photos.global.ssl.fastly.net/bareis/1280_boomver_1_22014522-2.jpg https://bt-photos.global.ssl.fastly.net/bareis/1280_boomver_1_22014522-2.jpg https://bt-photos.global.ssl.fastly.net/bareis/1280_boomver_1_22014522-2.jpg
    Logo
    W Real Estate | Luxury Team
    Wine Country CA,