CA > Santa Rosa > Moorland Sub
Santa Rosa, CA 95407,151 Eddy DR #157
Listed by Aaron Pardo • Compass
Bought with Niteen Sharma • Matrix Real Estate
$960,000
$900,000 6.7%
Est. payment /mo
2,222 Beds
4 Baths
2,912 SqFt
Sold on 04/04/2025

151 Eddy DR #157 Santa Rosa, CA 95407

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Dennis Sanchez
Dennis Sanchez

Founder | Broker Associate | CA DRE#01906875

+1(415) 988-1923

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Key Details

Sold Price $960,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,912 sqft

Price per Sqft $329

Subdivision Moorland Sub

MLS Listing ID 325016476

Bedrooms 2222

Year Built 1970

Lot Size 0.303 Acres

Property Sub-Type Quadruplex

Property Description

This single-story, four-unit apartment building features two-bedroom, one-bath units, each with its own spacious backyard and front patio courtyard. Situated on a corner lot, the property offers added privacy. Every unit includes a one-car garage with washer and dryer hookups, and two units provide direct interior access. Long-term tenants currently pay below-market rents, projected to generate over $93K(+/-) in annual gross income. With minimal operating expenses, the property's projected net operating income is expected to exceed $74K(+/-) per year, yielding an impressive cap rate of over 8%(+/-). One move-in ready unit is vacant until the saleideal for owner-occupant buyers looking to secure both a home and an investment property. The property is connected to a public sewer and currently uses a shared well, but it has been approved for annexation into the City of Santa Rosa for public water. Priced at just $225,000 per unit, this offering presents an exceptional investment opportunity for both investors and first-time buyers alike.

Location

State CA

County Sonoma

Area Santa Rosa-Southwest

Zoning R3

Interior

Heating Wall Furnace

Cooling None

Flooring Varies by Unit

Exterior

Exterior Feature Fenced Yard

Parking Features Garage, Varies by Unit

Garage Spaces 8.0

Utilities Available Cable Connected, Internet Available, Natural Gas Connected, TV Antenna

Roof Type Composition

Building

Foundation Slab

Sewer Public Sewer

Water Shared Well, Well

Others

Special Listing Condition Offer As Is

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agent

Dennis Sanchez

Founder | Broker Associate | CA DRE#01906875

+1(415) 988-1923

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Phone*
Message
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151 Eddy DR #157

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