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Listed by Erich M Reichenbach • Marcus & Millichap Real Estate Investment Services, Inc.
$ 2,925,000
Est. payment /mo
New
408 Keller ST Petaluma, CA 94952
2,200 Beds
2 Baths
5,940 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5 or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 5,940 sqft
Price per Sqft $492
MLS Listing ID 325039013
Bedrooms 2200
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1980
Lot Size 9,147 Sqft
Property Sub-Type 5 or More Units
Property Description
The property, a six-unit multifamily property is located in the heart of Petaluma. 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. This investment opportunity offers a great unit-mix, ideal location and significant appreciation potential
Location
State CA
County Sonoma
Area Petaluma West
Interior
Heating Central
Cooling None
Exterior
Exterior Feature Fenced Yard, Play Area
Parking Features Off Street
Garage Spaces 8.0
Building
Sewer Public Sewer
Water Public
Construction Status Updated/Remodeled
Others
Special Listing Condition Offer As Is
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