Bought with Kerry Berry • Eleven Real Estate
$1,630,000
$1,670,000
2.4%For more information regarding the value of a property, please contact us for a free consultation.
715 Western AVE Petaluma, CA 94952
3,120 Beds
4 Baths
3,585 SqFt
Key Details
Sold Price $1,630,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,585 sqft
Price per Sqft $454
MLS Listing ID 322016926
Sold Date 05/23/22
Bedrooms 3120
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1927
Lot Size 0.450 Acres
Property Sub-Type Triplex
Property Description
715 Western consists of three very attractive, detached rental homes that have been significantly improved. The main home is a gorgeous 3-bedroom, 2.5-bathroom house, originally constructed in 1927, that has been thoughtfully upgraded, maintaining numerous period details. There is also a charming 2-bedroom, 1-bathroom house, and a cute 1-bedroom, 1-bathroom cottage. More than half of the massive lot (.44 acres) is undeveloped and offers tremendous upside to the creative investor who may wish to explore the potential for ADU's. The property's location, just a short walk to downtown Petaluma, is in strong demand from renters and prospective homeowners. As a result, 715 Western attracts excellent tenants and will likely always be fully occupied at top-of-the-market rents. This is an excellent opportunity for an investor or an owner-occupant to acquire an exceptional property that should provide immediate cash flow with long-term appreciation and potentially significant development upside.
Location
State CA
County Sonoma
Area Petaluma West
Interior
Heating Varies by Unit
Cooling Varies by Unit
Exterior
Parking Features Off Street, Uncovered
Garage Spaces 10.0
Building
Sewer Public Sewer
Water Public
Construction Status Updated/Remodeled
Others
Special Listing Condition None
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