This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

211 Lincoln St

5 Unit Apartment Building $1,549,000 ($309,800/Unit) 5.63% Cap Rate Santa Rosa, CA 95401

Executive Summary

Discover a prime investment gem nestled in the heart of one of the most sought-after rental submarkets in the North Bay. This property boasts a four-unit building, each unit featuring two bedrooms and one bathroom, alongside a charming single-family home with two bedrooms and one bathroom.
Step into the future of modern living with the four-unit building's spacious layouts designed to cater to a diverse tenant base. Each unit showcases well-appointed kitchens, cozy living areas, and ample storage, while large windows flood the interiors with natural light, creating a welcoming ambiance.
Unlock the hidden value of the single-family home, offering a private retreat perfect for small families or individuals seeking a standalone sanctuary. With two comfortable bedrooms, a full bathroom, a bright living room, and a functional kitchen, this home complements the property's appeal and investment potential.
Embrace the lucrative opportunities in this high-demand rental market, where quality tenants are drawn to the property's proximity to top-rated schools, convenient public transportation, shopping hubs, and recreational facilities. With a mix of multiple rental units and a single-family home, investors can enjoy a stable income stream and substantial growth prospects.

Property Facts

Price $1,549,000
Price Per Unit $309,800
Sale Type Investment
Cap Rate 5.63%
Gross Rent Multiplier 13.04
No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.22 AC
Building Size 4,486 SF
Average Occupancy 100%
No. Stories 2
Year Built 1973
Parking Ratio 1.78/1,000 SF

Unit Amenities

  • Balcony
  • Dining Room

Site Amenities

  • Fenced Lot

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 5 - -
Walk Score ®
Very Walkable (82)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
010-111-008
Land Assessment
$278,771
Improvements Assessment
$838,316
Total Assessment
$1,117,087

zoning

Zoning Code CITYSR (5-10 apartments/ multifamily)
CITYSR (5-10 apartments/ multifamily)
  • Listing ID: 33140332

  • Date on Market: 9/11/2024

  • Last Updated:

  • Address: 211 Lincoln St, Santa Rosa, CA 95401

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}