125 S. Main St
Cloverdale, CA 95425

 

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North County Properties
100 School House Lane, Suite 108
Geyserville, CA 95441

707.857.1728

Great Investment in Cloverdale

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4-Plex in Downtown Cloverdale

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Commercial and Residential Zoning

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Great Condition with New Exterior Paint and Water Heaters

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Commercial Sprinkler System

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Walking Distance to Movie Theater and Restaurants

 

Additional Information

Cap Rate:

5.14

Annual Gross Income:

$44,400

Zoning:

DTC

Annual Operating Expense:

$9,677

Annual Net Income:

$34,723

Number of Units:

4

Unit Rental Price Range:

$925/month

 

 

 

Description:

Incredible Investment Opportunity with monthly income of $3700. Rare Multi Unit property in Downtown Cloverdale. Built in 2002, the building is 2,200 square feet and the lot is 3,920 square feet. Top two units are Residential. Lower two units can be for Residential or Commercial use. See City of Cloverdale Planning Dept for more info. Each unit has front and back room, a full bathroom, off street parking and shared laundry. Commercial Sprinkler system installed. Exterior painted in 2016 & 4 water heaters replaced in 2018. There is a fifth water heater for the laundry. APN#001-123-017


$675,000
Type:Income
MLS:21809563

Contact

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Contact Information:

Scott Alexander
Karen Waelde

707.857.1728 (Office)
707.292.3862 (Karen)
707.756.2401 (Scott)

 

 

 

DRE# 01791026 DRE#00785915
© 2018 Properties Online Inc., Patent No. US 6,760,707. The above information including square footage is based on data received from the seller and/or from public sources. This information is deemed reliable but has not been independently verified and cannot be guaranteed. Prospective buyers are advised to verify information to their own satisfaction prior to purchase. By providing links to other sites Properties Online Inc. does not guarantee, approve or endorse the information or products available at these sites, nor does a link indicate any association with or endorsement by the linked site to the agent, brokerage, brand or Properties Online Inc.. Powered by ListingDomains.com.