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2553 Corby Ave, Santa Rosa, CA 95407

$839,980
: 2,256
SqFt

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List Price: $839,980
Status: ACTIVE
MLS#: 326024808
Price Change: ▼ $9,020 1783633950
Year Built: 1963
Property Type: Triplex
Living Area: 2,256
Lot Size: 6,482
Acres: 0.15
County: Sonoma
Region: Santa Rosa-Southwest

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Property Description

6.25 Starting Cap Rate + ADU Conversion Potential! This exceptional Southwest Santa Rosa triplex is an investor's dream featuring three cash-flowing 2-bedroom, 1-bathroom units, plus a massive value-add upside. The property already features 4 Separate PG&E Electric & Gas meters. The 4th meter exclusively services the current common laundry room, offering a seamless, cost-effective opportunity to possibly convert the space into a 4th income stream as a studio ADU without the nightmare of utility split expenses or city meter delays. Tucked down a quiet shared lane, the single-level property boasts low-overhead operations with tenants paying their own gas, electric, and trash. Features energy-efficient dual-pane windows, private fenced patios for each unit, and 6 total parking spaces (3 carports). Turnkey today with great upside for tomorrow. Schedule your tour now!

707-480-4800

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Additional Information

Carport Spaces: 3
Basement: None
Heating: Wall Furnace
Cooling: None
Lot Description: Other
Possession: Close Of Escrow, Subject To Tenant Rights
Tenant Pays: Electricity, Gas, Trash Collection