USACAPetaluma218 Edith St
218 Edith St, Home with 0 bedrooms, 0 bathrooms and 18 parking in Petaluma CA | Image 1
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$5,000,000

218 Edith St, Petaluma, CA

Real Estate

For Sale

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0018
  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size  sqft
Garage No
Taxes 
Days Active 0
Lot Size 
Approx. Age 1962
MLS® Number 325073085

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

The Villa is an 18-unit multifamily property offering strong fundamentals, immediate value-add potential, and a desirable, amenity rich location. Built in 1962, the property consists of 12 two-bedroom, one-bath units and 6 one-bedroom, one-bath units, arranged around a landscaped central garden with a lawn that provides tenants with a quiet, residential atmosphere. Each building has undergone significant capital improvements, including permitted electrical subpanel replacements in all units, a new main electrical service in one building, and rebuilt exterior staircases and decks, providing long-term durability and reducing future deferred maintenance. The site offers covered parking for all 18 units, additional street parking, and on-site coin-operated laundry for tenant convenience. Just blocks from the property are Whole Foods, Petaluma's SMART Train station, public schools, parks, the public library, and a variety of local dining and retail options. In addition, residents are less than a half mile from a Grocery Outlet-anchored shopping center, and 3/4 mile from a Target shopping center. The Villa offers investors a rare opportunity to acquire a stabilized, well-maintained asset with strong fundamentals and future upside in one of Sonoma County's most desirable submarkets.Show Description
MLS® Number325073085
Laundry LevelCoin Operated
Central VacNo
FireplaceNo
Acreage0.538
Exterior
GarageNo
Approx. Age1962
Basement
DrivewayCarport
Garage Spaces
HeatWall Furnace
A/CCeiling Fan(s)
Heating Fuel

Extras

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