$5,870,000

8155 & 8166 Olof St is a 20-unit multifamily property located in downtown Cotati. The property is situated on the outer band of Cotati's historic hexagonal downtown plaza. Olof St is only one block long and is lined with mature trees and vintage, single-family residences providing tenants a bucolic and charming neighborhood to call home. All the amenities of downtown Cotati are within a 4 block radius of the property, offering the utmost in convenience to access local shopping, dining, entertainment, and public outdoor space. La Plaza, Cotati's central park and community gathering area is one block away. There is no better location to be found in Cotati. The property is comprised of 4 buildings, each with an individual address number. The four buildings are split two each on adjoining parcels. The combined unit mix includes (8) 1-bd/1-ba apartments, and (12) 2-bd/1-ba apartments. On the first parcel, both buildings (addresses 8155 & 8157) are 4-plexes each with (2) 1-bd, and (2) 2-bd apartments. On the second parcel, both buildings (addresses 8161 & 8163) are 6-plexes each consisting of (2) 1-bd, and (4) 2-bd apartments. Most of the units have been remodeled, the building exteriors recently painted, all windows upgraded to dual-pane, and sewer laterals replaced.