408 Keller St, Petaluma, CA 94952

$2,695,000
5,940
SqFt

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List Price
$2,695,000
Status
ACTIVE
MLS#
326078539
Year Built
1965
Property Type
5 or More Units
Living Area
5,940
Lot Size
8,999
Acres
0.21
County
Sonoma
Region
Petaluma West

Property Description

The property consists of six, fully remodeled two-bedroom 1.5-bath, townhouse-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 in-come 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 Highway 37, is considered a major hub for employment. The property is ideal for local fami-lies with many neighboring parks and several schools nearby, including St. Vincents a well-known private high school.

Additional Information

Basement
None
Heating
Central
Cooling
None
Lot Description
Landscape Back
Possession
Close Of Escrow

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Calculator source: Real Geeks

Listing courtesy of Erich M Reichenbach from Marcus & Millichap Real Estate Investment Services, Inc.

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