21567 Starrett Hill Dr, Monte Rio, CA 95462

$769,000
7
BD
4
BA
2,440
SqFt

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List Price
$769,000
Status
ACTIVE
MLS#
326053358
Year Built
1910
Property Type
3+ Houses on Lot
Bedrooms
7
Bathrooms
4
Full Baths
4
Living Area
2,440
Lot Size
4,099
Acres
0.09
County
Sonoma
Region
Russian River

Property Description

Legal triplex in Monte Rio offering a chance to live in one unit while using the others to help offset ownership costs. The upper 4BD/2BA unit and lower 1BD/1BA unit will be delivered vacant, giving the next owner real flexibility for owner-occupancy, extended living, or additional rental income. The middle 2BD/1BA unit is tenant occupied, and the property has previously achieved rents of $2,275, $1,850, and $1,525. All three units have separate entrances and have been completely remodeled within the last four years, including kitchens, baths, flooring, windows, and systems. The result is a property that offers vintage 1910 character and practical livability, with updated interiors that feel clean, comfortable, and move-in ready. Mini-split heating and cooling provide efficient year-round comfort, and the all-electric setup means no propane to manage. Covered decks and treetop outlooks give each unit a private connection to the surrounding forested setting. The property feels tucked into the landscape in a way that is true to the Russian River area. Decent street parking accommodates multiple cars. For buyers who want more than a single-use property, this is a beautiful opportunity: a legal triplex with a spacious owner's unit, vacancy in two units for immediate optionality, and an income profile that can help make ownership more workable OR rent them all and experience a great cap rate. Fantastic opportunity!

Additional Information

Style
Craftsman
Stories
4
Basement
Unfinished
Floors
Simulated Wood, Tile, Wood
Heating
Baseboard, Heat Pump
Cooling
Ductless, Heat Pump, Multi Units
Lot Description
Private
Possession
Close Of Escrow, Subject To Tenant Rights
Roof
Composition
Utilities
Electricity Available
View
Trees/Woods

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Calculator source: Real Geeks

Listing courtesy of Jennifer Jacobs from HomeSmart Advantage Realty

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