408 Keller Street

Petaluma, CA, 94952

$3,295,000

$554 per ft²
$3,295,000
$554 per ft²
Active
Active
 - For Sale
carpenters-square
5,940 ft²
property_type
Multi-family
calendar
Built 1965
The property consists of six, fully remodeled two-bedroom 1.5-bath, town-house-style units with 8 newly paved parking spaces (one per unit, plus two additional rentable spaces). The building and units have been extensively updated. Unit renovations include new flooring, trims and two-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. The property is conveniently located just a short distance from public transportation as well as the new SMART Rail and many downtown West-Side amenities. Petaluma boasts little to no vacancy and a growing tenant profile due to proximity to multiple freeways, local schools, Santa Rosa Universities, and High-way 37, is considered a major hub for employment. 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.
MLS® ID:
322093192
Updated:
12/6/22

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Laundry Description
Coin Operated
Cooling
Other
Heating
Individual

Exterior/Building Features

Lot Size
8,999 ft² lot
Exterior Features
Shape Regular
Lot Details
Shape Regular
Sewer
Public Sewer

Other Property Details

Area Name
Petaluma West
Garage
No
Parking
Guest Parking Available, Off Street
Parking Total
8.0
View
N
County
Sonoma
Water Source
Public
Pool
No
Total Stories
3

Listed by Erich Reichenbach (01860626), Marcus & Millichap

Listing Contact:  

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