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5 or More Units

408 Keller Street

Petaluma, CA 94952

$2,695,000

Photo 1
Type
5 or More Units
Building size
5,940 sf
Price per sf
$454
Lot
0.2066 acres
Year built
1965
County
Sonoma
Status
Active
MLS #
247089774

About the property

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.

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

This information is believed to be accurate, but without warranty.