15 7th St - Apartments FOR SALE


Petaluma, CA 94952
$2,650,000 USD
949-306-9508
15 7th St, Petaluma, CA for Sale
$2,650,000 USD
Apartments - FOR SALE
1/30
null | 5.21% Cap Rate

15 7th St
Petaluma, CA 94952


HIGHLIGHTS

  • Beautifully Renovated 2018-2020
  • Duplex Built from Ground Up
  • Great Neighborhood / Location Close to Downtown Petaluma

OVERVIEW

MASSIVE PRICE REDUCTION!! This newly remodeled 7-unit building is an excellent turnkey investment opportunity for investors looking to maximize their returns. The buildings have been recently renovated and the duplex is newly-built! This gem provides a modern and fresh atmosphere for tenants, boasting strong rental income with new fully leased units walking distance to the heart of picturesque Petaluma. Don't miss this excellent opportunity for a low-maintenance, high-reward pride of ownership investment.

FOR SALE DETAILS

PRICE

$2,650,000 USD

PRICE/SF

$542 USD /SF

# OF UNITS

7

PRICE/UNIT

$378,571

CAP RATE

5.21%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1910

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

9,900 SF

ZONING

R3

APN/PARCEL ID

008-101-014

ASK ABOUT THIS PROPERTY

David SanfordNewport Apartment GroupMore Info
949-306-9508

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David SanfordNewport Apartment GroupMore Info
949-306-9508

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.