The multi-unit property consists of 2 separate buildings, located just blocks from Whole Foods in coveted West Petaluma. Features three 3BR/1.5bath units and a bonus office. Very easy to manage and to rent, all units are individually metered, with tenants paying all utilities, incl. garbage. This investment offers an excellent location, attractive steady income, and significant upside potential.
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Housing Units & Financial Information
Annual Operating Expenses
1-3 Cars, Carports, On Street, Uncovered
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Lot Square Footage:
More About Petaluma
The riverside town of Petaluma in Sonoma County was once called the "Egg Basket of the World" for its bustling egg industry in the early 20th century. Thousands of chicken farms operated in the surrounding countryside. While Petaluma retains its rural charm, the chicken farms are long gone. Today, Petaluma is now known as a foodie haven, with dining options that include a mix of ethnic cuisines and awarding-winning restaurants using the best locally grown and produced products.
Petaluma's commercial core is on the National Register of Historic Places, and the central shopping district, which consists of mainly two-story stone buildings, has recently undergone a revitalization that includes an emphasis on downtown living. Dozens of antique shops operate in the old-town district. And the annual Butter & Egg Days Parade & Festival, held in April, is a throwback to Petaluma's agricultural past.
Residents appreciate the access to relatively affordable homes and the direct commute to San Francisco, 35 miles south on Highway 101.