Skip To Content

408 Keller Street

Petaluma, CA 94952
  • $3,295,000
  • STATUS: Active
  • ON SITE: 109 Days
  • ID#: 322093192
UPDATED: 27 min ago
$3,295,000
  • 8
    BEDS
  • 0.21
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 5,940
    SQFT
  • $555
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1965
County:

School Ratings & Info

Description

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.

Monthly Payment Calculator



© 2023 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Napa River Realty | Hiemstra Properties Inc.. Data last updated: 2023-02-01T10:59:42.163.
www.napariverrealty.com/homes/133966168
Print Image

408 Keller Street Petaluma, CA 94952

  • Price: $3,295,000
  • Status: Active
  • On Site: 109 Days
  • Updated: 27 min ago
  • ID#: 322093192
8
Beds
4
Baths
0
½ Baths
0.21
Acres
5,940
SQFT
$555
$/SQFT
1965
Built
Neighborhood:
Petaluma West
County:
Sonoma
Area:
Petaluma West
Property Description
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.
Exterior Features

Carport Spaces 0 Covered Spaces 0 Independent Parking Spaces 0 Lot Features Shape Regular Open Parking Spaces 0 Parking Features Guest Parking AvailableOff Street Parking Total 8 Tandem Parking Spaces 0

Interior Features

1 Bedroom Units Total 0 2 Bedroom Units Total 6 3 Bedroom Units Total 0 4 Bedroom Units Total 0 Commercial Units Total 0 Cooling Other Heating Individual Laundry Features Coin Operated Studio Units Total 0

Property Features

Association Fee 0 Association YN No Auction No Availability Date 1800-01-01T00:00:00 Gross Income 190860 Property Sub Type 5 Or More Units Property Type Residentialincome Separate Meters Common Area MeterElectricityGas Sewer Public Sewer Subtype Description ApartmentsTownhouses Water Source Public

Listing information © 2023 Bay Area Real Estate Information Services. Listing courtesy of Erich M Reichenbach of Marcus & Millichap: .


© 2023 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Napa River Realty | Hiemstra Properties Inc.. Data last updated: 2023-02-01T10:59:42.163.
 
https://bt-photos.global.ssl.fastly.net/bareis/1280_boomver_1_90537498-2.jpg https://bt-photos.global.ssl.fastly.net/bareis/1280_boomver_1_90537498-2.jpg https://bt-photos.global.ssl.fastly.net/bareis/1280_boomver_1_90537498-2.jpg
Logo
Napa River Realty | Hiemstra Properties Inc.
408 Georgia St
Vallejo CA, 94590