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20065 River Blvd, Monte Rio, CA 95462

$1,075,000
Last sold 09/14/2022 after 21 Days
6
bed
4
bath

Multi-family not for sale

Movoto is helping 9 homebuyers near you

About 20065 River Blvd

Property type Multi-family

Neighborhood

HOA fee $0/month

Lot size 0.28 Acre

Property description

Are you looking to invest to expand your real estate portfolio? Do you dream of buying a property to start your own touristic business venture? Whatever you are thinking of, we have the place for you. Situated in the charming community of Monte Rio in Sonoma County, this approximately 12,000 square foot property has nine cabins in a park-like setting, and endless possibilities for growth. all currently rented to year round tenants. Monte Rio, has been touted as "Vacation Wonderland" by the locals, and tourists that visit every year due to the myriad of activities and amenities they are able to enjoy. Ideally located, the property is close to the historic Monte Rio Movie Theatre, Monte Rio Beach, and much more! Don't miss this chance! Call us today for a private tour!

Listed by

Listing Agent - Daniela M Hernandez

Listing Office - Hernandez Realty Co

Source: BAREIS

MLS#322075199 • last updated 3 years ago

Movoto checked BAREIS for data 4 minutes ago

Overview
Cooling/AC	Ceiling Fan(s), Varies By Unit
Heating	Baseboard, Electric, Varies By Unit
Levels/Style	1, Cabin, Cottage
SubType	5 Or More Units
Type	Residential Income
MLS #	322075199
Status	Closed
On Market Date	2022-08-24
Lot Size (Acres)	0.2755
Lot Size (SqFt)	12000
Condition	Varies By Unit

Interior
Laundry	Other
Flooring	Carpet, Laminate, Varies By Unit, Vinyl
Appliances	Free Standing Gas Range, Free Standing Refrigerator, Varies By Unit
Accessibility Features	None

Exterior
Foundation	Pillar/Post/Pier
Roof	Composition
# Parking Spaces	9
Parking	Off Street, Varies By Unit
Exterior Features	Fenced Yard, Yard Space
Lot Desc	Garden, Landscape Back, Manual Sprinkler F&R

Amenities / Utilities
Water Source	Meter On Site, Public
Utilities	Cable Available, Electric
Sewer/ Septic	Septic System
Electricity	220 Volts
Security Features	Carbon Mon Detector, Double Strapped Water Heater, Fire Extinguisher, Smoke Detector, Varies By Unit

Location
Area	Russian River
County	Sonoma
APN	095-243-004-000

Multifamily Details
# of 2-BR Occupied	3
# of 1-BR Occupied	6
Unit 2: # Bedrooms	1
1-BR: Rent Range	966 - 1, 575.00
Unit 4: # of Rooms	4
Unit 4: # Bedrooms	1
Unit 2: # Full Bathrooms	1
Unit 3	Lovely Cottage With Front Yard
Unit 4: # Full Bathrooms	1
2-BR: % Occupied	100
1-BR: % Occupied	100
Unit 2: # of Rooms	4
Unit 1	Lovely Cottage With Front Yard
2-BR: Rent Range	1, 026.00 - 1, 575.00
Unit 1: # Full Bathrooms	1
Unit 3: # Bedrooms	2
Unit 4	Lovely Cottage With Front Yard
Unit 2	Lovely Cottage With Front Yard
Unit 3: # Full Bathrooms	1
Unit 3: # of Rooms	4
Unit 1: # Bedrooms	2
Unit 1: # of Rooms	4
# of Units	9
# of 1-Bedroom Units	6
# of 2-Bedroom Units	3
Total # of Buildings	9
Separate Meters	Electricity, Gas
Gross Rent Multiplier	9.16
Tenant Pays	Electricity, Gas
Gross Scheduled Income $	125604
Cap Rate	7.22