2313 Heidi Pl, Santa Rosa, CA 95403

$1,199,000
3,266
SqFt

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List Price
$1,199,000
Status
ACTIVE
Days on Market
142
Price Change
▼ $50,000 1780459283
MLS#
326034415
Subtype
Residential Income
Year Built
1971
Living Area
3,266
Lot Size
6,930
Acres
0.16
Neighborhood
Santa Rosa-Northwest
MLS Area Major
Santa Rosa-Northwest

Property Description

Strategic Value-Add Opportunity | 2313 Heidi Place, Santa Rosa Investors and exchange buyers will find significant upside potential at 2313 Heidi Place, a fully occupied four-plex in Northwest Santa Rosa. This 3,266 sq. ft. building features four spacious 2-bedroom, 1-bathroom units split between two levels. While the property currently provides immediate cash flow, the units are in a non-updated state, offering a prime opportunity for a modern refresh to bring the interiors in line with today's market standards. Strategic updates will allow a new owner to optimize rental income and capture the building's full market potential. The ground floor also includes a shared coin-operated laundry room for tenant convenience and a landlord storage room for maintenance supplies. The location is a premier driver for long-term appreciation, situated just two minutes from Coddingtown Mall, Whole Foods, and Target. This proximity to high-end grocers and local dining makes the property a highly desirable home base for the local workforce, while quick access to Highway 101 and the SMART train station ensures it remains a top choice for commuters. This is a rare chance to acquire a substantial multi-family asset in a consistent rental corridor with a clear path to increasing value and future growth. Whether you are executing a 1031 exchange or expanding your Sonoma County portfolio, this property offers the ideal combination of stability and profit potential.

Additional Information

Heating
Wall Furnace
Air Conditioning
Ceiling Fan(s)
Levels
Two
Parking Features
Attached, Covered, Uncovered

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Christopher D Asimos from Compass

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