| Petaluma 94952 | | | MLS #324062211 |
888 Petaluma Blvd S
| 7 Bedrooms + 4 Baths | | | $1,550,000 | | | 2,597 Sq Ft |
Income generating powerhouse, this exceptional 4-unit property is a cash flow machine, generating over $132,000 in annual income.
4-Plex Investment Opportunity
888 A
(Main House Front Unit) Entry on Petaluma Blvd. 2 Bedroom with updated kitchen, flooring.
888 B
888 B (Main House Back Unit) Entry on Mountain View. 2 Bedroom with updated kitchen, flooring. Current Rent: $2,975/monthly
Investing in real estate is a time-tested strategy for building wealth, and purchasing a 4-plex in Petaluma, California, is an excellent way to do it. Not only does this approach offer you the chance to live in one of the units while renting out the others, but it also brings with it a host of financial and lifestyle benefits.
888 1/2 B
(Back Duplex Lower Unit) 2 Bedrooms, 1 Bath fully remodeled with newer kitchen, wood style flooring, and fresh paint. Current Rent: $2150
Why Invest?
1). Mortgage Assistance: One of the most significant advantages of living in one unit of your 4-plex and renting out the other three is the potential for rental income to cover a substantial portion, if not all, of your mortgage payments. This means you could live rent-free, or close to it, while your tenants effectively help you build equity.
2). Tax Advantages: Owning a 4-plex can offer you various tax deductions, including mortgage interest, property taxes, and maintenance costs. Additionally, because it's an investment property, you might be able to depreciate the building's value, further reducing your taxable income.
3). Building Wealth Over Time: As property values in Petaluma continue to rise, so does the value of your investment. Over time, this appreciation, combined with the equity you build by paying down your mortgage, can significantly boost your net worth.
4). Diversified Income Stream: By having multiple rental units, you diversify your income stream. Even if one unit becomes vacant, you still have income coming in from the others, which provides a buffer against the risk of lost rental income.
Welcome to Petaluma
Petaluma, located in Sonoma County, is one of Northern California's hidden gems. Known for its small-town charm, excellent schools, and vibrant community, Petaluma offers a high quality of life that appeals to both families and professionals. Explore the downtown area of Petaluma↴
Charming Downtown: Petaluma’s downtown area is rich with historic architecture, boutique shops, and a variety of dining options. It’s a place where community and culture thrive, making it an enjoyable place to live and a desirable location for tenants.
Outdoor Activities: Surrounded by beautiful rolling hills and close to the Sonoma wine country, Petaluma is perfect for outdoor enthusiasts. From hiking and biking trails to easy access to the coast, residents can enjoy a variety of activities year-round.
The Appeal of Living in Petaluma
Proximity to San Francisco: Petaluma is just a short drive from San Francisco, offering the perfect balance of peaceful suburban living with access to the opportunities of a major city. This makes it particularly appealing to professionals who work in the city but prefer to live in a quieter, more relaxed environment.
Strong Rental Market: Petaluma’s rental market is strong, thanks to the city’s desirable location, excellent amenities, and overall quality of life. This ensures a steady demand for rental units, making your investment more secure.
By purchasing a 4-plex in Petaluma, you are not just buying a home but also making a strategic financial decision. Living in one unit allows you to save on living costs, generate rental income, and build long-term wealth. Petaluma’s thriving community and high quality of life only enhance the appeal of this investment, making it a smart choice for anyone looking to combine homeownership with real estate investment.
Each office is independently owned and operated. Information deemed reliable, but not guaranteed. Not intended to solicit sellers or buyers under written contract with another REALTOR®.
Timo Rivetti
Broker Associate
Navigate RE
Independently owned and operated.
Independently owned and operated.
DRE#: 01240796
4160 Suisun Valley Rd, Suite A , Fairfield, CA 94534