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    109 Ellis Street

    Petaluma, CA 94952
    • $1,360,000
    • STATUS: Active
    • ON SITE: 24 days
    • ID#: 321028276
    UPDATED: 65 min ago
    $1,360,000
    • 0
      BEDS
    • 0.7
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    MAJOR $200,000 PRICE REDUCTION!! This rare 13-unit apartment development opportunity is fully entitled by the City of Petaluma, presenting the culmination of great effort by architect and designer Jerry Kler and his team. New product is extremely scarce in Petaluma, and this strategically located and manageable project is located within walking distance of the new SMART line and super close proximity to the trending historic downtown area, shopping, restaurants, schools and other amenities. With a unique design approved for 12 two-bedroom two-bath townhome style units with an upstairs loft in a spacious 1,115 sq. ft naturally lit floorplan, and one studio low-income unit. Enclosed garages, open parking, courtyards, private balconies, open space, a workout room, a pool and BBQ area and expectation of high rent demand for a scarce product oriented toward a younger affluent tenant base. A great developer's project in a high-demand, culturally growing city.

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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 RE/MAX Accord. Data last updated: 2021-05-16T22:56:22.833.
    www.searcheastbayrealestate.com/homes/116347049
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    109 Ellis Street Petaluma, CA 94952

    • Price: $1,360,000
    • Status: Active
    • Updated: 65 min ago
    • ID#: 321028276
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.7
    Acres
    Neighborhood:
    Petaluma West
    County:
    Sonoma
    Area:
    Petaluma West
    Property Description
    MAJOR $200,000 PRICE REDUCTION!! This rare 13-unit apartment development opportunity is fully entitled by the City of Petaluma, presenting the culmination of great effort by architect and designer Jerry Kler and his team. New product is extremely scarce in Petaluma, and this strategically located and manageable project is located within walking distance of the new SMART line and super close proximity to the trending historic downtown area, shopping, restaurants, schools and other amenities. With a unique design approved for 12 two-bedroom two-bath townhome style units with an upstairs loft in a spacious 1,115 sq. ft naturally lit floorplan, and one studio low-income unit. Enclosed garages, open parking, courtyards, private balconies, open space, a workout room, a pool and BBQ area and expectation of high rent demand for a scarce product oriented toward a younger affluent tenant base. A great developer's project in a high-demand, culturally growing city.
    Exterior Features

    Fencing Chain Link Road Frontage Type City StreetOther

    Interior Features

    Lot Features Other Number Of Lots 1

    Property Features

    Association Fee 0 Association YN No Auction No Availability Date 1/1/1800 12:00:00 AM Contingent Date 1/1/1800 12:00:00 AM Current Use Multi-Family Development Status Site Plan Approved Electric Electric Available Property Sub Type Residential Lot Property Type Land Sale Lease Rent Sale Sewer Public Sewer Utilities All PublicCable AvailableInternet AvailableNatural Gas AvailablePhone AvailableWater Available Water Source Public Zoning Description Multi-Residential

    Listing information © 2021 Bay Area Real Estate Information Services.
    Listing courtesy of David T Sanford of Newport Apartment Group.


    © 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 RE/MAX Accord. Data last updated: 2021-05-16T22:56:22.833.
     
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