Address
408 Keller St Petaluma, CA
Price
$ 2,995,000
Property Attributes
  • MLS#321045104
  • TypeMulti-Family
  • CountySONOMA
  • CityPetaluma
  • AreaPetaluma West
  • Zip94952
  • Style
  • Price$ 2,995,000
  • Bedrooms12
  • Full Bathrooms2
  • Half Bathrooms2
  • Sqr Footage5940
  • Lot Size8,999 SqFt
Listing Provided Courtesy Of:
Erich M Reichenbach with Marcus & Millichap - 818-212-2700
Data Source:
Bay Area Real Estate Information Services
Property Description

Property consists of 6, fully remodeled 2-bdr 1.5-bath, town-house-style units with 8 newly paved parking spaces (one per unit, plus two additional rentable spaces) located in the heart of Petaluma The building and units have been extensively updated. Unit renovations include new flooring, trims and 2-tone paint and blinds throughout, new stainless-steel appliances and countertops in the kitchen, new electrical finishes and lighting throughout and new bathrooms. Additionally, the property offers coin-laundry and storage units on-site for additional annual income as well as the potential to add in-unit laundry to further increase property cash flow. Property is conveniently located close to public transportation as well as the new SMART Rail and many downtown West-Side amenities. The property is ideal for local families with many neighboring parks and several schools nearby. This investment opportunity offers a great unit-mix, ideal location and significant appreciation potential.

Price History
5/25/2021 Listed $2,995,000

General Features

Association Y/N No
Auction No
Availability Date 1800-01-01T00:00:00
Cooling None, Other
Heating Central
MLS Area Petaluma West
Open Parking Spaces 2
Parking Features Guest Parking Available, Off Street, Open
Property SubType 5 or More Units
Property Type Residential Income
Sewer Public Sewer
Status Active
Subtype Description Apartments
Total Units 6

Interior Features

Laundry Features Coin Operated
Living Area 5940
Unit 1 # Of Rooms 6
Unit 1 Bedrooms 2
Unit 1 Description 2 story
Unit 1 Full Baths 1
Unit 1 Partial Baths 1
Unit 2 # Of Rooms 6
Unit 2 Bedroom Units Total 6
Unit 2 Bedrooms 2
Unit 2 Description 2 Story
Unit 2 Full Baths 1
Unit 2 Sqft Source Tax Record

Exterior Features

Lot Features Auto Sprinkler F&R, Central BBQ, Garden, Landscape Back, Landscape Front, Private
Lot Size Acres 0.2066
Lot Size Source Assessor Auto-Fill
Lot Size Square Feet 8999
Lot Size Units Acres
Number of Buildings 1
Total Parking 8
Water Source Water District

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 94952

Price
AVG $2.05M
$3M
Visits
AVG 21
44
Year Built
AVG 1940
1965