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Listed by Hayley Hand Luxe Places International Realty
$1,499,000
Est. payment /mo
2.75 Acres Lot
Open House
Sun Oct 04, 12:00pm - 2:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5 or More Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 326082509
HOA Y/N No
Year Built 1947
Lot Size 2.750 Acres
Acres 2.75
Property Sub-Type 5 or More Units
Property Description
A rare investment opportunity in desirable West Petaluma, 724 Liberty Road offers multiple residences situated on approximately 2.75 level, usable acres. The property features a diverse mix of rental units, multiple barns, expansive paved parking, and open acreage, creating a unique combination of established income and future potential. Several residences are currently tenant occupied, while additional vacant space provides flexibility for an owner, investor, or future tenant. Current rents offer meaningful upside, with projected market rents providing an attractive opportunity to increase income over time. The generous acreage and versatile improvements lend themselves to a variety of possibilities including long-term investment, multigenerational living, agricultural pursuits, hobby farming, or an owner-user configuration. Conveniently located near Liberty Elementary and just minutes from Historic Downtown Petaluma, Highway 101, shopping, dining, and Sonoma County wine country. An increasingly difficult-to-find combination of income, acreage, and versatility in Petaluma. Adjacent 720 Liberty Road is also available separately, creating an opportunity to acquire both parcels for a truly exceptional compound.
Location
State CA
County Sonoma
Area Petaluma West
Rooms
Basement None
Interior
Heating Central
Cooling None
Exterior
Carport Spaces 2
Waterfront Description Well
Total Parking Spaces 18
Private Pool No
Building
Lot Description Private
Sewer Septic Tank
Water Well
Schools
School District Sonoma, Elementary: Liberty Union
Others
Tax ID 113030032000
Special Listing Condition Standard
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Cory Cadle
Real Estate Advisor License ID: 01986329
Real Estate Advisor License ID: 01986329
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