8270 Lancaster Dr, Cotati, CA 94931

$866,670
2,704
SqFt

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List Price
$866,670
Status
ACTIVE UNDER CONTRACT
Days on Market
49
MLS#
326060323
Subtype
Residential Income
Year Built
1984
Living Area
2,704
Lot Size
9,583
Acres
0.22
Neighborhood
Cotati/Rohnert Park
MLS Area Major
Cotati/Rohnert Park

Property Description

Exceptional investment opportunity in a desirable Cotati location! This two-story fourplex features four identical, single-level 2-bedroom, 1-bath flats, with two units on the ground floor and two on the upper level. Lower units enjoy private fenced patios and yard areas, while the upper units feature expansive decks, providing inviting outdoor living spaces for every resident. Each unit includes its own one-car garage, with additional parking located behind the building. Residents also enjoy professionally managed on-site laundry facilities as well as access through a gated entry to a shared common area, offering extra space to relax, play, or gather. This property has been in the same family for decades and has long-term tenants. Ideally located in a quiet, easily accessible neighborhood, the property is within an easy walk or bike ride to Oliver's Market, shopping, restaurants, parks, and other everyday conveniences. Combining a strong unit mix, desirable tenant amenities, thoughtful site design, and a sought-after location, this fourplex presents an outstanding opportunity for investors seeking a quality location with long-term upside. Please note this unit must be purchased and closed concurrently with the 5 unit bldg next door. (8276 Lancaster Dr, listed separately MLS# 326061939).

Additional Information

Heating
Wall Furnace
Air Conditioning
None
Parking Features
Garage, Guest
Garage Spaces
5

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Calculator source: Real Geeks

Listing courtesy of Nancy Neal from Navigate Real Estate

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