Santa Rosa, CA 95407,647 Dutton AVE
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Santa Rosa, CA 95407,647 Dutton AVE
Santa Rosa, CA 95407,647 Dutton AVE
Santa Rosa, CA 95407,647 Dutton AVE
Santa Rosa, CA 95407,647 Dutton AVE
Listed by Nick Oliver • Redwood Property Company
Bought with Jeremy Lee • LEEINV

$5,200,000

Est. payment /mo

$5,250,000

1.0%
Est.Price: ?

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647 Dutton AVE Santa Rosa, CA 95407

2 Beds

1 Bath

12,840 SqFt

SOLD DATE : 10/07/2022

Key Details

Sold Price $5,200,000

Property Type Multi-Family, Commercial

Sub Type Five or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 12,840 sqft

Price per Sqft $404

MLS Listing ID ML81899811

Bedrooms 2

Full Baths 1

Year Built 1971

Lot Size 0.964 Acres

Property Sub-Type Five or More Units

Property Description

The Crossing at Dutton provides investors a unique opportunity to acquire a turn-key asset with EXTRA upside in income potential through lease rate increases and utility reimbursement income (RUBS). Future ownership will benefit from limited deferred maintenance, as the property received major upgrades to the interiors (17 of 18 units fully remodeled) and exterior over the past 12 months. Dual pane windows, new decking and all roofs were replaced between 2008-2012. The tastefully landscaped grounds of the property provide a quaint, secluded place for tenants to call home. Tree-lined courtyards, balconies and patios all make for a private living experience. The complex is located in close proximity to major highways (HWY 12) and freeways (101), schools, employers, shopping, public transportation (bus stops and light rail), and bike paths (Joe Rodota Trail). Download the Offering Memorandum here: https://www.redwoodpropertyco.com/dutton

Location

State CA

County Sonoma

Area Santa Rosa-Southwest

Zoning R315UA

Interior

Heating Floor Furnace , Wall Furnace

Cooling Window / Wall Unit

Flooring Vinyl / Linoleum

Laundry Coin Operated

Exterior

Parking Features Covered Parking, Uncovered Parking

Garage Spaces 18.0

Utilities Available Public Utilities

Roof Type Shingle

Building

Foundation Post and Pier

Sewer Sewer - Public

Water Public

Others

Special Listing Condition Not Applicable

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