Active

888 Petaluma Blvd S

Petaluma CA, 94952

$1,495,000


Active

4 Baths

Multi-family

Built in 1955

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.

324062211

MLS ID

August 14, 2024

Listed

October 29, 2024

Updated

Map

888 Petaluma Blvd S
Petaluma CA, 94952

Interior Features

Total Stories

0


Total Bathrooms

4


Full Bathrooms

4


Laundry Description

In Common Area, Washer/Dryer Owned


Floor Description

Simulated Wood


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Other

Exterior/Building Features

Lot Size

0.11 Acres


Exterior Features

Fenced Yard, Corner, Sidewalk


Lot Features

Corner, Sidewalk


Architectual Style

Bungalow, Craftsman


Roof

Composition, Shingle


Sewer

Public Sewer

Other Property Details

Area Name

Petaluma West


Garage

No


Parking

Covered, Uncovered


Parking Total

4


View

No


County

Sonoma


Water Source

Public


Pool

No

Listed by Timo Rivetti (01240796) with NavigateRE

Listing Contact:  

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