422 Grant St, Healdsburg, CA
Prime investment opportunity in the heart of Healdsburg
This turn-key triplex is located just a short walk to the famed Healdsburg Plaza. The units are comprised of a 3 bed/1 bath, a 2 bed/1 bath, a 1 bed/1 bath, plus a non-conforming 1 bed/ 1 bath unit.The property is located among high-end residences and provides a rare opportunity for an owner/occupant with additional income potential, as well as investor. The main two-bedroom unit (#422) has been tastefully remodeled and consists of a large dine-in kitchen, great room, front and side porches, and an appealing corner lot location.
The spacious lower level three bedroom/one bath unit (#537) has previously been a long-term rental that could use some updating. The upper level one bedroom/one bath unit (#535) unit has a cute balcony and has been nicely updated with new kitchen cabinets, stainless steel appliances and an upgraded bathroom. The non-conforming 1 bed/1 bath unit is small yet cozy and is a nice bonus. The property is being delivered vacant to suite a multitude of potential uses.
The exterior of the property features a newer roof and low-maintenance landscaping. Possibilities are endless on this corner lot, located among high-end residences. The property will be delivered vacant in a market with a limited rental and housing inventory. A quick seven-minute walk to Healdsburg’s Historic Plaza, trendy boutiques, fine dining, and schools makes this property a highly desirable area for renters and occupants alike.
- Building Type Triplex
- Building Size 3,637 SF
- Lot Size 5,227 SF
- Tax ID 002-133-023
- Projected CAP Rate 5.5%
- Offered at $1,250,000
