This remarkable investment opportunity is located in the desirable West Petaluma area, known for its historic charm and vibrant community. Just minutes from Downtown Petaluma and with convenient freeway access, this renovated craftsman-style property consists of two structures: the primary home, which includes two 2-bedroom, 1-bath units, and a secondary building with a 2-bedroom, 1-bath unit plus a 1-bedroom, 1-bath unit. Together, these units generate over $131,000 in annual income, making this property an attractive option for investors, 1031 exchange buyers, or owner-occupants seeking additional income potential.

Two of the fully renovated units in the main house boast private yards, spacious rooms, built-in cabinetry, upgraded flooring, updated plumbing and electrical systems, stylish light fixtures, modern kitchen cabinetry, and new appliances. The bathrooms have been meticulously renovated as well. These units offer the flexibility to be converted back into a single-family residence, providing a unique opportunity for those looking to reside in one of Petaluma’s most sought-after neighborhoods.

Living in Petaluma: A Community Rich in Culture, Cuisine, and Outdoor Adventure

Petaluma is more than just a place to live—it's a community that offers an exceptional quality of life. Residents enjoy a blend of historic charm and modern amenities, with a downtown area that is a hub for dining, arts, and entertainment. Petaluma’s historic downtown, recognized on the National Register of Historic Places, features renowned eateries such as Central Market (42 Petaluma Blvd N) and Della Fattoria (141 Petaluma Blvd N), both celebrated for their farm-to-table dining experiences.

Petaluma also offers a thriving arts scene, with regular events like the monthly Petaluma Arts Alive, and cultural venues such as the Petaluma Arts Center (230 Lakeville St). Outdoor enthusiasts will appreciate the city's proximity to Helen Putnam Regional Park (411 Chileno Valley Rd), offering scenic hiking and biking trails, as well as its short drive to the Sonoma Coast for beach outings. Additionally, the annual Butter & Egg Days Parade and Festival and the Fall Antique Faire are just a few of the community events that make Petaluma a vibrant and welcoming place to call home.

For more information about the city's offerings and events, visit Visit Petaluma and Downtown Petaluma. This property not only presents a fantastic investment opportunity but also provides a gateway to all that Petaluma has to offer.