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406 Western Avenue

Petaluma, CA 94952

$925,000

  • 2 Story, Triplex
  • Active
  • 3 Baths
  • 2,035 SqFt
  • MLS# 21912220

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This charming 1890’s triplex is located just blocks from downtown Petaluma. It features three 1bd/1ba units with period detailing and on site laundry. Great entry level investment property with the possibility for owner to live in upper unit and rent out the lower 2 units. It is very easy to manage and to rent, individual meters for gas and electric, with tenants paying all utilities, including garbage service. This investment offers an excellent location, attractive steady income, and great curb appeal.

 

Special Features 

  • Triplex
  • Unit A – 1bd/1ba - 650sq/ft 
  • Unit B – 1bd/1ba - 650sq/ft 
  • Unit C – 1bd/1ba - 700sq/ft 
  • Minutes to downtown
  • Charming period detailing
  • Gas and electric on individual meters
  • Landry on site 
  • Tenants pay all utilities 
  • Great entry-level investment property
  • CAP Rate - 5.9%

 

Location

City:

Petaluma

County:

Sonoma

Housing Units & Financial Information

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About Petaluma

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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.

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Lotte and Sarah

415.412.7471 Lotte

415.464.7484 Sarah

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Listing Agent:

Lotte And Sarah

Listing Brokerage:

McGuire Real Estate

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