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408 Keller Street

Petaluma, CA 94952
  • $2,925,000
  • STATUS: Active
  • ON SITE: 22 Days
  • ID#: 325039013
$2,925,000
  • 4
    BEDS
  • 0.21
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 5,940
    SQFT
  • $492
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1980
County:

School Ratings & Info

Description

The property, a six-unit multifamily property is located in the heart of Petaluma. 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. This investment opportunity offers a great unit-mix, ideal location and significant appreciation potential

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Bay East ©2024. CCAR ©2024. bridgeMLS ©2024. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2025-05-22T23:57:37.663.
www.hiraethhomes.com/homes/163147671
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408 Keller Street Petaluma, CA 94952

  • Price: $2,925,000
  • Status: Active
  • On Site: 22 Days
  • ID#: 325039013
4
Beds
2
Baths
0
½ Baths
0.21
Acres
5,940
SQFT
$492
$/SQFT
1980
Built
Neighborhood:
Petaluma West
County:
Sonoma
Area:
Petaluma West
Property Description
The property, a six-unit multifamily property is located in the heart of Petaluma. 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. This investment opportunity offers a great unit-mix, ideal location and significant appreciation potential
Exterior Features

Carport Spaces 0 Covered Spaces 0 Exterior Features Fenced YardPlay Area Independent Parking Spaces 0 Levels Two Lot Features Landscape Back Open Parking Spaces 0 Parking Features Off Street Parking Total 8 Patio And Porch Features Balcony/DeckCovered PatioEnclosed Patio Tandem Parking Spaces 0 View CityDowntownMountains

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 None Heating Central Laundry Features Coin Operated Studio Units Total 0

Property Features

Association Fee 0 Association YN No Auction No Gross Income 192120 Property Condition Updated/Remodeled Property Sub Type 5 or More Units Property Type Residential Income Sewer Public Sewer Subtype Description ApartmentsGarden Apartments Water Source Public

Listing information © 2025 Bay Area Real Estate Information Services. Listing courtesy of Erich M Reichenbach of Marcus & Millichap Real Estate Investment Services, Inc.: .


Bay East ©2024. CCAR ©2024. bridgeMLS ©2024. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2025-05-22T23:57:37.663.
 
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