512-518 Kentucky Street

Petaluma, CA 94952

$2,195,000
Price
8
Beds
4
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Here's the investment opportunity you've been looking for! Location and cash flow describe this attractive 4 unit building located on Petaluma's charming west side. Blocks from downtown, this sought after location will attract long term tenants for years to come. Property includes 4 remodeled 2 bedroom, 1 bath units totaling approximately 2800sf +/- with quality engineered flooring, stainless steel appliances, quartz counters, thermal pane windows, gas ranges, heating and more. There is an onsite...Here's the investment opportunity you've been looking for! Location and cash flow describe this attractive 4 unit building located on Petaluma's charming west side. Blocks from downtown, this sought after location will attract long term tenants for years to come. Property includes 4 remodeled 2 bedroom, 1 bath units totaling approximately 2800sf +/- with quality engineered flooring, stainless steel appliances, quartz counters, thermal pane windows, gas ranges, heating and more. There is an onsite laundry room with commercial washers and dryers (owned) as well as a large rear yard with a covered pergola social area. Additionally, there is a detached garage with two single car spaces with additional storage.
  1. Listed by Paul Fehrman • DRE #01065819 • Brokerage DRE #02242126 • Century 21 Epic
  2. Listed by Lynn Fehrman • DRE #01969747 • Brokerage DRE #02242126 • Century 21 Epic

Property Details for 512-518 Kentucky Street

Architectural Style
Contemporary
Cross Street
Kent Street
Total Parking Spaces
4
LISTING UPDATED: 10/25/2024 04:17 PM

Property Details for 512-518 Kentucky Street

StatusActive
MLS #324082902
Days on Compass58
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1968
Lot Size0.20 AC / 8,624 SF
CountySonoma County

Building Information for 512-518 Kentucky Street

Stories-Residences-Year Built1968Building Size-Lot Size0.20 AC / 8,624 SF

Property Information for 512-518 Kentucky Street

Summary
Location and General Information
  • Area/District: Petaluma West
  • Area Short Display: B1000
  • Directions to Property: Petaluma Boulevard to Kent Street, right on Kentucky.
  • Accessibility Features: None
  • Area Long Display: Petaluma West
Taxes and HOA Information
  • Association: No
  • Association Fee: $0
  • APN: 006-091-006-000
Parking
  • Parking Features: Detached, Garage, Off Street, Street
  • Carport Spaces: 0
  • Garage Spaces: 2
  • Open Parking Spaces: 0
  • Covered Spaces: 0
  • Independent Parking Spaces: 0
  • Tandem Parking Spaces: 0
Virtual Tour
  • Virtual Media Count: 0
Property
Lot Information
  • Square Footage: 0.0
  • Year Built Source: Assessor Agent-Fill
  • Lot Size Source: Assessor Agent-Fill
  • Lot Size Square Feet: 8625.0
  • Lot Features: Curbs/Gutters, Landscape Back, Landscape Front, Sidewalk
  • Property Condition: Updated/Remodeled
Property and Assessments
  • Security Features: Carbon Mon Detector, Double Strapped Water Heater, Fire Extinguisher, Smoke Detector
  • Picture Count: 28
  • Property Disclaimer: All data, photos, visualizations, and information regarding a property, including the property's compliance with state and local legal requirements and all measurements and calculations of area, have been obtained from various sources, and may include such material that has been generated by use of artificial intelligence. Such information and material have not been and will not be verified for accuracy by the listing broker or the multiple listing service, and are not guaranteed as complete, accurate or reliable. Such information and material should be independently reviewed and verified for accuracy. This information and material are intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
  • Construction Materials: Stucco, Other
  • Actual or Scheduled: Actual
  • Gross Rent Multiplier: 0.0
Green Features
  • Energy Efficient: Appliances
Utilities
  • Electric: 220 Volts
  • Sewer: Sewer Public
  • Water Source: Water Public
  • Separate Meters: Electricity, Gas
  • Utilities: Cable Available, Cable Connected, City, DSL Available, Internet Available, Natural Gas Connected
Interior and Exterior Features
Exterior Features
  • Foundation: Concrete Perimeter
  • Levels: Two
  • Exterior Features: Fenced Yard, Play Area, Yard Space
  • Patio And Porch Features: Balcony/Deck, Varies by Unit
  • Roof: Composition, Flat, Tar/Gravel
  • # of Floors: 2
Interior Features
  • Heating: Natural Gas, Wall Furnace
  • Cooling: None
  • Flooring: Vinyl
  • Interior Features: Storage Area(s)
  • Appliances: Free Standing Gas Range, Free Standing Refrigerator
  • Laundry Features: Coin Operated, In Common Area, Washer/Dryer Owned
  • # of Guest Space(s): 0
  • Window Features: Caulked/Sealed, Dual Pane Full, Window Coverings
Multi Family
1 Bedroom Unit
  • # of 1 Bedroom Units: 0
  • 1 Bedroom Rent Range: N/A
  • 1 Bedroom Annual Occupancy: .00%
  • # of 1 Bedrooms Occupied: 0
2 Bedroom Unit
  • # of 2 Bedroom Units: 4
  • 2 Bedroom Rent Range: 2300 - 2795
  • 2 Bedroom Annual Occupancy: 95.00%
  • # of 2 Bedrooms Occupied: 3
3 Bedroom Unit
  • # of 3 Bedroom Units: 0
  • 3 Bedroom Rent Range: N/A
  • 3 Bedroom Annual Occupancy: .00%
  • # of 3 Bedrooms Occupied: 0
4 Bedroom Unit
  • # of 4 Bedroom Units: 0
  • 4 Bedroom Rent Range: N/A
  • 4 Bedroom Annual Occupancy: .00%
  • # of 4 Bedrooms Occupied: 0
Income & Expenses
  • Gross Scheduled Income: $120,480.00
Multi-Family Information
  • # Commercial Units: 0
  • # Of Buildings: 1
  • # Of Units Total: 4
  • # of Studio Units: 0
  • # Studios Occupied: 0
Unit 1
  • Unit 1 Bedrooms: 2
  • Unit 1 Description: two bedroom, one bath remodeled
  • Unit 1 Full Baths: 1
  • Unit 1 Partial Baths: 0
  • Unit 1 # of Rooms: 4
  • Unit 1 Approx SqFt: 700
  • Unit 1 Type: Apartment
Unit 2
  • Unit 2 Bedrooms: 2
  • Unit 2 Description: two bedroom, one bath remodeled
  • Unit 2 Full Baths: 1
  • Unit 2 # of Rooms: 4
  • Unit 2 Approx SqFt: 700
  • Unit 2 Type: Apartment
Unit 3
  • Unit 3 Bedrooms: 2
  • Unit 3 Description: two bedroom, one bath remodeled
  • Unit 3 Full Baths: 1
  • Unit 3 Partial Baths: 0
  • Unit 3 # of Rooms: 4
  • Unit 3 Approx SqFt: 700
  • Unit 3 Type: Apartment
Unit 4
  • Unit 4 Bedrooms: 2
  • Unit 4 Description: two bedroom, one bath remodeled
  • Unit 4 Full Baths: 1
  • Unit 4 Partial Baths: 0
  • Unit 4 # of Rooms: 4
  • Unit 4 Approx SqFt: 700
  • Unit 4 Type: Apartment

Property History for 512-518 Kentucky Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 512-518 Kentucky Street

This home is within Petaluma City Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
McKinley Elementary School
PublicK to 6

Petaluma Junior High School
Public7 to 8

Petaluma High School
Public9 to 12

Mary Collins School at Cherry Valley
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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512-518 Kentucky Street is a multi-family home for sale in Petaluma, CA 94952. This property was listed for sale on October 24, 2024 by Century 21 Epic, it's currently listed at $2,195,000. This listing's school districts are Petaluma City Elementary School District, Petaluma Joint Union High School District. Nearby schools include McKinley Elementary School, Petaluma Junior High School and Petaluma High School. 512-518 Kentucky Street is a 8-bed, 4-bath, multi-family home built in 1968.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Century 21 Epic, Paul Fehrman, DRE #01065819; Century 21 Epic, Lynn Fehrman, DRE #01969747

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.