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145 Lincoln St

4 Unit Apartment Building $1,513,858 CAD ($378,464 CAD/Unit) 5.97% Cap Rate Santa Rosa, CA 95401

Investment Highlights

  • Great Investment Opportunity
  • Desirable Location
  • Nice Unit Mix - (2) 2-bedroom & (2) 1-bedroom
  • Well Maintained With Interior Upgrades

Executive Summary

**PRICE REDUCED**
Excellent 4-Unit investment property situated on a corner lot in the Railroad Square neighborhood just a few blocks from Downtown Santa Rosa. Consisting of two (2) 2-bedroom, 1-bath units and two (2) 1-bedroom, 1-bath units, this desirable fourplex has been updated with dual-pane windows, laminate flooring and granite countertops. This well-maintained property features an on-site laundry room, carport parking at the rear of the property and separate meters for gas and electric. Don’t miss this opportunity to acquire a fully stabilized asset producing great cash flow in a highly desirable location.

Property Facts

Price $1,513,858 CAD
Price Per Unit $378,464 CAD
Sale Type Investment
Cap Rate 5.97%
Gross Rent Multiplier 12.13
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.18 AC
Building Size 2,968 SF
Average Occupancy 100%
No. Stories 2
Year Built 1969
Parking Ratio 1.35/1,000 SF

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 2 - 800
1+1 2 - 650
Walk Score ®
Very Walkable (82)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
010-122-030
Land Assessment
$561,627 CAD
Improvements Assessment
$842,442 CAD
Total Assessment
$1,404,069 CAD
  • Listing ID: 33365342

  • Date on Market: 2024-10-01

  • Last Updated:

  • Address: 145 Lincoln St, Santa Rosa, CA 95401

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