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Listing Details

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School Ratings & Info

Description

50 Knudsten lane, is a 4-unit mixed-use property consisting of 4 buildings located in Petaluma, CA. The property was built circa 1915. It features 1 three-bedroom, two-bathroom SFR, 1 three-bedroom, one bathroom SFR, 1 two-bedroom, one bathroom SFR, and lastly, a Commercial Retail Restaurant space with a full commercial kitchen and grease trap. All of these buildings are single-level. The owners have managed this property locally for the last 35+ years with the help of local vendors; therefore has never paid a management fee. New ownership has the option to continue to self-manage for a greater ROI. Over the course of 35 years of ownership, the owner has had less than 10 vacancies, total. The property requires relatively very little upkeep and maintenance. There are washers/dryers in all SFR units. All 3 SFRs front doors are modern replacements. Each unit is separately metered. Public H2O. There is tremendous upside potential for this low-maintenance income producing property!

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© 2021 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Lisa Perotti | Corcoran Global Living. Data last updated: 2021-09-25T19:56:55.757.
www.lisaperotti.com/homes/120999072
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50 Knudtsen Lane Petaluma, CA 94952

  • Price: $1,899,499
  • Status: Active
  • Updated: 53 min ago
  • ID#: 321079408
0
Beds
0
Baths
0
½ Baths
2.3
Acres
2,789
SQFT
$681
$/SQFT
1915
Built
Neighborhood:
Petaluma West
County:
Sonoma
Area:
Petaluma West
Property Description
50 Knudsten lane, is a 4-unit mixed-use property consisting of 4 buildings located in Petaluma, CA. The property was built circa 1915. It features 1 three-bedroom, two-bathroom SFR, 1 three-bedroom, one bathroom SFR, 1 two-bedroom, one bathroom SFR, and lastly, a Commercial Retail Restaurant space with a full commercial kitchen and grease trap. All of these buildings are single-level. The owners have managed this property locally for the last 35+ years with the help of local vendors; therefore has never paid a management fee. New ownership has the option to continue to self-manage for a greater ROI. Over the course of 35 years of ownership, the owner has had less than 10 vacancies, total. The property requires relatively very little upkeep and maintenance. There are washers/dryers in all SFR units. All 3 SFRs front doors are modern replacements. Each unit is separately metered. Public H2O. There is tremendous upside potential for this low-maintenance income producing property!
Exterior Features

Construction Materials Wood Foundation Details Concreteperimeter Levels 0 Lot Features Private Parking Total 0 Roof Shingle

Interior Features

Cooling Varies By UnitSee Remarks Floor 0 Flooring Varies By Unit Heating Other

Property Features

Accessibility Features Accessibleapproachwithramp Auction No Availability Date 1800-01-01T00:00:00 Building Features 1 Restroom Per Unit Business Type Other Current Use Mixed UseResidentialRestaurant Dock Doors 0 Electric Separate Electric Meter Income Includes RentSee Remarks Industrial Sq Ft 0 Lease Deposit 0 Lease Type Net Leased 99.9 Load Factor 0 Office Sq Ft 0 Operating Expense Includes InsuranceMaintenance StructureProperty Tax Percent Office 0 Property Sub Type Mixed Use Property Type Commercialsale Rentable Yes Retail Sq Ft 1600 Security Features Smoke Detector Sewer Septic SystemOther Utilities Dish AntennaInternet AvailableSeparate Gas MeterSeparate Water MeterVaries By Unit Warehouse Sq Ft 0 Water Source Public Zoning Description Mixed Use | Lc

Listing information © 2021 Bay Area Real Estate Information Services.
Listing courtesy of Simon Raya of Re/Max Marketplace.


© 2021 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Lisa Perotti | Corcoran Global Living. Data last updated: 2021-09-25T19:56:55.757.
 
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Lisa Perotti | Corcoran Global Living
350 Bon Air Center Road, Suite 100
Greenbrae CA, 94904