407 4th St - Apartments FOR SALE


Petaluma, CA 94952
$1,900,000 USD
707-338-2413
407 4th St, Petaluma, CA for Sale
$1,900,000 USD
Apartments - FOR SALE
1/7
null | 5.15% Cap Rate

407 4th St
Petaluma, CA 94952


OVERVIEW

Keegan & Coppin Company, Inc. is proud to offer this west Petaluma apartment property for sale. 407 Fourth Street represents an opportunity to own a 6-unit apartment building in the highly desirable West Petaluma residential area. The property is located within walking distance of restaurants and downtown shopping. Residents are just one block away from Petaluma Boulevard South and a 10 minute walk from the Smart Train. The apartment units were built in 1964 and consist of 2 one bedroom and 4 two-bedroom units. The building design is a classic two-story walk up with a garden style appeal. There are 6 on-site parking spaces for tenants and available street parking for guests. The asking price of $1,900,000 is $316,666 per unit.

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/SF

$393 USD /SF

# OF UNITS

6

PRICE/UNIT

$316,667

CAP RATE

5.15%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

6-Unit Apartment Bldg in West Petaluma

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

CITYPE

APN/PARCEL ID

008-115-019

ASK ABOUT THIS PROPERTY

Alan ColdironKeegan & Coppin Company, Inc.More Info
707-338-2413

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Alan ColdironKeegan & Coppin Company, Inc.More Info
707-338-2413

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