Price Reduction
Address
15096-15098 Old River Road Guerneville, CA
Price
$ 1,875,000
Property Attributes
  • MLS#22012649
  • TypeMulti-Family
  • CountySONOMA
  • CityGuerneville
  • AreaRussian River
  • Zip95446
  • StyleMulti Unit 5+
  • Price$ 1,875,000
  • Bedrooms132
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5832
  • Lot Size0.71 Acres
Listing Provided Courtesy Of:
Mark Altes with Compass - 7073953840
Property Description

15096-15098 Old River Road- This extremely charming perfectly located Multi-Unit property is thriving! Recently updated and fully Leased. The property consists of 10 1 bedroom units with Kitchenettes, hardwood floors, and chic tile bathrooms. As well as a 3 bedroom 1 bath home upstairs with separate 3 bedroom 2 bath below. The 2 homes share a common area that include a recently updated pool. The property also consists of a bonus unit and 5 independent storage units that have added income to peak the cap rate to 5.4% (Pro-forma). The location across the street from the river and a short walk to downtown Guerneville combined with the zoning (K Zoning) make this property a desirable asset to ones portfolio.

Price History
6/9/2020 Listed $1,999,000
7/13/2020 3% - $1,950,000
9/10/2020 4% - $1,875,000

General Features

Possession Close Escrow, Sub to Tenant Rights
Property Subtype Multi Unit 5+
Property Type Multi Unit 5+
Roof Composition
Sale/lease-rent Sale
Status Active
Total Units 17
Type Other
Year Built 1944

Interior Features

Heat/Air Conditioning Electric
Living Area 5832.00

Exterior Features

Exterior Wood Siding, Other
Lot Description Upslope, Level
Lot Size Acres 0.71
Lot Size Source (Realist Public Rec)
Number of Buildings 2
On Site Parking Off Street, Uncovered
Sewer/Septic Sewer Public
Water Source Water-Public

Amenities

  • Views
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 95446

Price
AVG $950K
$1.88M
Visits
AVG 35
38
Year Built
AVG 1953
1944