408 Keller St, Petaluma, CA 94952

$2,695,000
5,940
SqFt

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List Price
$2,695,000
Status
ACTIVE
Days on Market
42
MLS#
326078539
Subtype
Residential Income
Year Built
1965
Living Area
5,940
Lot Size
8,999
Acres
0.21
Neighborhood
Petaluma West
MLS Area Major
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

Heating
Central
Air Conditioning
None
Parking Features
Off Street, Uncovered

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

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