406 Klute St, Santa Rosa, CA 95401

$1,245,000
2,912
SqFt

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Listing courtesy of Isaiah Chass from Livxplore Real Estate & Lifestyle

List Price
$1,245,000
Status
ACTIVE
Days on Market
64
MLS#
326058686
Subtype
Residential Income
Year Built
1964
Living Area
2,912
Lot Size
5,001
Acres
0.11
Neighborhood
Santa Rosa-Northeast
MLS Area Major
Santa Rosa-Northeast

Property Description

Welcome to 406 Klute Street, an exceptionally well-maintained fourplex that showcases true pride of ownership and offers investors a stable, income-producing asset. The property features a desirable unit mix of three 2-bedroom, 1-bathroom residences and one 1-bedroom, 1-bathroom residence, currently generating $8,450 per month in gross rental income. Designed with both tenant comfort and operational efficiency in mind, the property offers covered parking for four vehicles, three additional uncovered parking spaces, and private storage for each unit. An on-site coin-operated laundry facility provides added convenience for residents while creating an additional source of income for ownership. Significant capital improvements have already been completed, including a new roof, new balconies, and updated staircases, reducing future maintenance concerns and enhancing the property's long-term value. Low-maintenance landscaping further helps minimize operating expenses and maximize net income. Ideally situated with convenient access to Highway 101, the property is just minutes from shopping, dining, downtown Santa Rosa, Santa Rosa Plaza, Coddingtown Shopping Center, Montgomery Village, Santa Rosa Junior College, and Santa Rosa High School making it an attractive location for tenants. Whether you're an experienced investor seeking a well-performing addition to your portfolio or a first-time multifamily buyer looking for a turnkey investment, 406 Klute Street presents an outstanding opportunity to acquire a quality asset in one of Santa Rosa's most desirable rental markets.

Additional Information

Exterior Features
Playground
Flooring
Carpet, Vinyl
Appliances
Electric Range, Refrigerator
Heating
Natural Gas, Wall Furnace
Air Conditioning
None
Levels
Two
Roof
Composition, Shingle
Foundation
Combination, Concrete Perimeter, Raised
Parking Features
Attached, Carport, Covered, Off Street, Uncovered

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

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