345-351 Wilson Street

Petaluma, CA 94952

$2,600,000
Last Sold Price
6
Beds
3
Baths
4,616 Sq. Ft.
$563 / Sq. Ft.
4,616
Sq. Ft.
$563
per Sq. Ft.

Description

The Midtown Apartments offers an opportunity to acquire an attractive and contemporary turn key apartment investment in the hip Midtown neighborhood of West Petaluma. Featuring three renovated duplexes on separate parcels - the six 2-bedroom 1-bath units include in-suite laundry, spc wood-like flooring throughout, stainless appliances, private yards, covered tandem parking, and storage. Central location is walking distance to nearby shopping, SMART train, and downtown Petaluma. Boasting a starting...The Midtown Apartments offers an opportunity to acquire an attractive and contemporary turn key apartment investment in the hip Midtown neighborhood of West Petaluma. Featuring three renovated duplexes on separate parcels - the six 2-bedroom 1-bath units include in-suite laundry, spc wood-like flooring throughout, stainless appliances, private yards, covered tandem parking, and storage. Central location is walking distance to nearby shopping, SMART train, and downtown Petaluma. Boasting a starting cap rate of 5.95%, this compelling opportunity won't last long!
  1. Listed by Scott Gerber • DRE #01138762 • Brokerage DRE #01138762 • NORCAL COMMERCIAL
  2. Listed by Katherine Raphael • DRE #02027825 • Brokerage DRE #01138762 • NORCAL COMMERCIAL

Property Details for 345-351 Wilson Street

Cross Street
Jefferson St
Total Parking Spaces
12

Location

Listing Courtesy of NORCAL COMMERCIAL, Scott Gerber, DRE #01138762; NORCAL COMMERCIAL, Katherine Raphael, DRE #02027825

Sold By NORCAL COMMERCIAL, Katherine Y Raphael, DRE #02027825

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LISTING UPDATED: 05/11/2023 08:08 PM

Property Details for 345-351 Wilson Street

StatusClosed
MLS #323016704
Days on Compass18
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / 5 or More Units
Year Built1970
Lot Size0.26 AC / 11,325 SF
CountySonoma County

Location

Listing Courtesy of NORCAL COMMERCIAL, Scott Gerber, DRE #01138762; NORCAL COMMERCIAL, Katherine Raphael, DRE #02027825

Sold By NORCAL COMMERCIAL, Katherine Y Raphael, DRE #02027825

Add your commute

Building Information for 345-351 Wilson Street

Stories2Residences-Year Built1970Building Size-Lot Size0.26 AC / 11,325 SF

Payment Calculator

$14,189 per month

30 year fixed, 7.25% Interest

Principal and Interest

$14,189

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 345-351 Wilson Street

Summary
Location and General Information
  • Area/District: Petaluma West
  • Area Short Display: B1000
  • Directions to Property: Use GPS- Property has 3 addresses: 345 Wilson St, 349 Wilson St, & 503 Jefferson St
  • Signs: No
Taxes and HOA Information
  • Association: No
  • Association Fee: $0
  • APN: 007-091-015-000
  • City Transfer Tax Rate: .00%
  • County Transfer Tax Rate: .00%
Parking
  • Parking Features: Carport
  • Carport Spaces: 0
  • Garage Spaces: 0
  • Open Parking Spaces: 0
  • Covered Spaces: 0
  • Independent Parking Spaces: 0
  • Tandem Parking Spaces: 0
Property
Lot Information
  • Square Footage: 4616.0
  • Square Footage Source: Not Verified
  • Year Built Source: Other
  • Lot Size Source: Not Verified
  • Lot Size Square Feet: 11326.0
  • Lot Features: Corner, Landscape Front
  • Property Condition: Updated/Remodeled
Property and Assessments
  • Buyer Financing: Conventional
  • Picture Count: 15
  • Property Disclaimer: Information has not been verified, is not guaranteed, and is subject to change. Any offer of compensation is made exclusively to Broker Participants of the MLS where the subject listing is filed.<BR> Copyright &copy; 2023 Bay Area Real Estate Information Services, Inc. All rights reserved.<BR>Copyright</A> &copy;2023 <A name="trans">Rapattoni Corporation. All rights reserved.</A><BR>U.S. Patent 6,910,045
  • Actual or Scheduled: Actual
  • Gross Rent Multiplier: 0.0
Utilities
  • Sewer: Sewer Public
  • Water Source: Water Public
Interior and Exterior Features
Exterior Features
  • Foundation: Slab
  • Stories: 2
  • Levels: 2 Story
  • Exterior Features: Yard Space
  • Roof: Flat, Tar/Gravel
  • # of Floors: 0
Interior Features
  • Heating: Gas, Wall Furnace
  • Cooling: None
  • Laundry Features: In Each Unit, Washer/Dryer Owned
  • # of Guest Space(s): 0
Multi Family
1 Bedroom Unit
  • # of 1 Bedroom Units: 0
  • 1 Bedroom Rent Range: 0
  • 1 Bedroom Annual Occupancy: .00%
  • # of 1 Bedrooms Occupied: 0
2 Bedroom Unit
  • # of 2 Bedroom Units: 6
  • 2 Bedroom Rent Range: $2,700-2,936
  • 2 Bedroom Annual Occupancy: 100.00%
  • # of 2 Bedrooms Occupied: 6
3 Bedroom Unit
  • # of 3 Bedroom Units: 0
  • 3 Bedroom Rent Range: 0
  • 3 Bedroom Annual Occupancy: .00%
  • # of 3 Bedrooms Occupied: 0
4 Bedroom Unit
  • # of 4 Bedroom Units: 0
  • 4 Bedroom Rent Range: 0
  • 4 Bedroom Annual Occupancy: .00%
  • # of 4 Bedrooms Occupied: 0
Income & Expenses
  • Gross Scheduled Income: $194,772.00
Multi-Family Information
  • # Commercial Units: 0
  • # Of Buildings: 3
  • # Of Units Total: 6
  • # of Studio Units: 0
  • # Studios Occupied: 0
Unit 1
  • Unit 1 Bedrooms: 2
  • Unit 1 Description: 345 Wilson - 2x1 $2,835347 Wilson - 2x1 $2,756
  • Unit 1 Full Baths: 1
  • Unit 1 Partial Baths: 0
  • Unit 1 # of Rooms: 5
Unit 2
  • Unit 2 Bedrooms: 2
  • Unit 2 Description: 349 Wilson - 2x1 $2,756351 Wilson - 2x1 $2,700
  • Unit 2 Full Baths: 1
  • Unit 2 SqFt Source: Tax Record
  • Unit 2 # of Rooms: 5
Unit 3
  • Unit 3 Bedrooms: 2
  • Unit 3 Description: 507 Jefferson - 2x1 $2,936503 Jefferson - 2x1 $2,750
  • Unit 3 Full Baths: 1
  • Unit 3 Partial Baths: 0
  • Unit 3 SqFt Source: Tax Record
  • Unit 3 # of Rooms: 5
Unit 4
  • Unit 4 Bedrooms: 0
  • Unit 4 Full Baths: 0
  • Unit 4 Partial Baths: 0
  • Unit 4 # of Rooms: 0

Property History for 345-351 Wilson Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 345-351 Wilson 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
Public - K to 6
Rating
School
Distance
McKinley Elementary School
PublicK to 6

Petaluma Junior High School
Public7 to 8

Petaluma High School
Public9 to 12

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.

Similar Homes

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Similar Sold Homes

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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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of NORCAL COMMERCIAL, Scott Gerber, DRE #01138762; NORCAL COMMERCIAL, Katherine Raphael, DRE #02027825

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.