About
Incredible opportunity to own this newly renovated four-unit multi-family complex in Santa Rosa. Ideally located on a cul-de-sac, not a thru street, conveniently located near fine shops, restaurants, and parks with easy access to Hwy. 101. The units are composed of two beds/one-bath flats, two on the ground floor with a covered enclosed patio and two on the upper floor with their own newly renovated balcony and deck. Each unit has its own outdoor space and a covered carport space. The property features newer dual pane windows and sliders, solid vinyl flooring, and newer kitchens, including cabinets, counters and appliances. All newer bathrooms, recessed lighting and upgraded plumbing. Freshly painted interior and exterior with newer doors and hardware on the interior. Fantastic passive income opportunity, a money-maker with upside. Don’t miss it!
Renovations and Upgrades | All 4 units have been Renovated
· All newer dual-pane windows and sliders
· All Newer Kitchen Appliances, Caesarstone Counters and
Custom Oak Cabinets
· Newer Electrical, Plumbing and Recessed Lighting
· All Newer Solid Waterproof Vinyl flooring
· Newer Bathroom, Toilets, Bathtubs and Vanities
· Newer Interior Doors and Hardware
· Newer Upstairs Decks, Balconies and Railings
· Newer Front Unit Enclosed Fences and Patio
· Newer Interior and Exterior Paint
· Soon to be Installed Roof
2571 Kenton Court | Rent Roll
Unit A | Rent $2,200 | Lease From 7/8/22 - Lease Ending 7/7/23
Unit B | Rent $2,150 | Lease From 10/7/22 - Lease Ending 2/29/24
Unit C | Rent $2,000 | Lease From 7/8/22 - Lease Ending 7/7/23
Unit D | Rent $2,200 (Projected) Currently Vacant
Total: $8,550 x 12 Months | $102,600
Gross Annual Rent: $ 102,600
Expenses
Gardening - $150 a Month = $1,800 a Year
Property Management = $3,600 a Year
Electricity = $1,178 a Year
Water = $1,560 a Year
Property Insurance = $4,700 a Year
Total Expenses = $12,838 a Year
Net Annual Operating Income = $89,762.00
Gallery
Overview
- Price: Offered at $1,300,000
- Living Space: 3200 Sq. Ft.
Location
Contact
International President's Elite | Top 2% Producer
M: 415.246.7622 | jj.davis@cbnorcal.com
JJDavisMarinRealEstate.com
CalRE #01483381