$ 1,495,000
888 Petaluma BLVD S Petaluma, CA 94952
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Listed by Timo Rivetti • NavigateRE
$ 1,495,000
Est. payment | /mo
2,212 Beds
4 Baths
4,791 Sqft Lot
$ 1,495,000
Est. payment | /mo
2,212 Beds
4 Baths
4,791 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 324062211
Bedrooms 2212
HOA Y/N No
Year Built 1955
Lot Size 4,791 Sqft
Property Description
Income generating powerhouse, this exceptional 4-unit property is a cash flow machine, generating over $132,000 in annual income @ 6+CAP rate. The main house has been fully renovated in 2016 with new electric and plumbing. New Roof, gutters and exterior paint. Seize this rare opportunity to acquire a lucrative investment with a prime West Petaluma Location. Situated in one of Petaluma's most sought-after neighborhoods, this property offers convenience and desirability. Diverse rental potential with a mix of units, including two-bedroom/one-bathroom and one-bedroom/one-bathroom configurations, flexibility to cater to various tenant needs. A turnkey investment with each unit meticulously maintained, ensuring hassle-free ownership and immediate income generation. Offering benefits from a consistent income stream, providing financial security and peace of mind. Whether you're a seasoned investor or a first-time buyer looking to maximize returns, this property offers an unparalleled opportunity for wealth accumulation.
Location
State CA
County Sonoma
Area Petaluma West
Interior
Heating Other
Cooling None
Flooring Simulated Wood
Exterior
Exterior Feature Fenced Yard
Garage Covered, Uncovered
Garage Spaces 4.0
Roof Type Composition,Shingle
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Bungalow, Craftsman
Others
Special Listing Condition Offer As Is
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Shari Lorenz
Lic# 01468549