Ridgway Historic Neighborhood Association (Rhna), CA homes for sale & real estate

Ridgway Historic Neighborhood Association (Rhna), CA Homes for Sale

Excellent Investment Opportunity! This fully rented 5-unit property is ideally located near Santa Rosa Junior College, offering strong rental demand and consistent cash flow. The current owner has invested approximately $400,000 in repairs and upgrades, ensuring most all units are modernized and well-maintained. Unit #1 (Front Unit) 2/1.5 The largest of the five, featuring a beautifully updated kitchen with stainless steel appliances, white cabinetry, laminate flooring throughout, fresh interior paint, ceiling fans, updated blinds, and a low-maintenance yard. Unit #2: 1/1 An upstairs unit small and cute. Unit #3: Completely remodeled within the last year with modern finishes and fixtures.

Ridgway Historic Neighborhood Association (Rhna), CA Homes for Sale

Don't miss this rare opportunity to own a 5-unit apartment property with strong income potential and a 6 CAP rate! This unique investment includes a charming single-family home and a fully leased fourplex, all situated on one parcel. The fourplex features four spacious 2-bedroom, 1-bath units, each currently rented below marketoffering significant room for increased cash flow. The standalone 2-bedroom, 1-bath home adds versatility to the property, ideal for continued rental income or future owner occupancy. Located in a desirable, tenant-friendly neighborhood near schools, public transportation, shopping, and with convenient highway access, this property benefits from consistent rental dema