406 Klute St, Santa Rosa, CA 95401

$1,245,000
2,912
SqFt

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List Price
$1,245,000
Status
ACTIVE
MLS#
326058686
Year Built
1964
Property Type
Quadruplex
Living Area
2,912
Lot Size
5,001
Acres
0.11
County
Sonoma
Region
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

Carport Spaces
4
Basement
None
Floors
Carpet, Vinyl
Foundation
Combination, Concrete Perimeter, Raised
Heating
Natural Gas, Wall Furnace
Cooling
None
Lot Description
Curbs/Gutters, Sidewalks
Possession
Close Of Escrow
Roof
Composition, Shingle
Tenant Pays
Electricity, Gas
Utilities
Electricity Available, Natural Gas Available

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Isaiah Chass from Livxplore Real Estate & Lifestyle

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