For sale in conjunction with an adjoining vacant lot at 25 Rae Street, listed separately (ML81970141) this parcel has significant development potential with approved plans for a duplex to be built on this lot behind the existing structure (vacant lot behind is sold separately and has approved plans for an additional duplex to be built). This centrally-located downtown Santa Rosa single family home provides an excellent opportunity to live and build an income-generating property simultaneously, or establish immediate cash flow while building the secondary multi-family structure. Options are abound, and expand further when or if combined with 25 Rae Street. Owner is willing to entertain offers for a buyer purchasing both lots simultaneously for a grand total of 12,500 square feet of lot size when aggregated. Seller makes no representations or warranties as to capability of purchaser to develop, combine, or build but has spent years obtaining requisite approvals, with documents available for review on request. Renderings shown are example replacements for the existing single-family home, not the approved duplex, with plans available from Seller as part of purchase, if any.
Days on market: 281
Listing updated: March 27, 2025 - 04:18:03
Listed by: Travis Kelly DRE #01975450 (415) 578-5400, Pinnacle Realty Advisors - MLSListings
Source: MLSListings, MLS#: ML6043002 Originating MLS: CRMLS
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