Commerical lower portion Three apartments above 1 bed 1 bath each.Located in Historical Old Town Completely leased,good CAP rate and income.
Perfect opportunity for a general contractor that wants to add value by fixing the subject property or a developer that wants a smaller infill project for the construction of a medium to high density multi family developent in the Wikiup/ Larkfield area of Santa Rosa. Property has two single family dwellings. One dwelling is currently occupied and the other is vacant and ready for renovation. See marketing package for full description of each building.
Older 3 bedroom, 2 bathroom, 2,000± sf house on site on the Stony Point Road frontage of this 75' wide, 545' deep level infill parcel with most of the south side of the lot bordering on Ironstone Circle. The house was originally 1,600± sf with 3 bedrooms and 2 bathrooms. Seller replaced roof and installed new high-efficiency heater in 2009. 2 bedroom and 1 bathroom additions were built without building permits. Public sewer, private well (public water is available to the site), storm drainage, PG&E and cable at site. The general plan designation allowing 2-8 lots, the lot configuration, and the bordering public street give this site the obvious potential to be developed as 7 SFD lots preserving the existing home on the easternmost lot. The new lots would average approximately 4,300 - 4,100± sf depending on sidewalk depth. The existing home would be served by a driveway off of Ironstone Circle, rather than as currently accessed from Stony Point Road. (See attached schematic layout). Call listing agents for further details.
Unique Historic Mixed Use Property on 3/4-acre near downtown Santa Rosa. Development potential. Built in the late 1800's, this is one of the oldest farmhouses in Santa Rosa. The home is presently converted into two living areas with a separate office space. It previously contained 4 living units. Based on the lot size and parking areas, this property could accommodate a variety of uses - single family, commercial or further development.