Welcome to 406 Klute Street, an exceptionally well-maintained fourplex that showcases true pride of ownership and offers investors a stable, income-producing asset. The property features a desirable unit mix of three 2-bedroom, 1-bathroom residences and one 1-bedroom, 1-bathroom residence, currently generating $8,450 per month in gross rental income. Designed with both tenant comfort and operational efficiency in mind, the property offers covered parking for four vehicles, three additional uncovered parking spaces, and private storage for each unit. An on-site coin-operated laundry facility provides added convenience for residents while creating an additional source of income for ownership. Significant capital improvements have already been completed, including a new roof, new balconies, and updated staircases, reducing future maintenance concerns and enhancing the property's long-term value. Low-maintenance landscaping further helps minimize operating expenses and maximize net income. Ideally situated with convenient access to Highway 101, the property is just minutes from shopping, dining, downtown Santa Rosa, Santa Rosa Plaza, Coddingtown Shopping Center, Montgomery Village, Santa Rosa Junior College, and Santa Rosa High School making it an attractive location for tenants. Whether you're an experienced investor seeking a well-performing addition to your portfolio or a first-time multifamily buyer looking for a turnkey investment, 406 Klute Street presents an outstanding opportunity to acquire a quality asset in one of Santa Rosa's most desirable rental markets.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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