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Listed by Timo Rivetti • NavigateRE
$499,000
Est. payment /mo
2 Beds
1 Bath
672 SqFt
UPDATED:
11/16/2024 02:49 PM
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Pending
Purchase Type For Sale
Square Footage 672 sqft
Price per Sqft $742
MLS Listing ID 324083094
Bedrooms 2
Full Baths 1
HOA Y/N No
Year Built 1944
Lot Size 8,102 Sqft
Property Description
Charming 2-Bedroom Cottage with Prime Development Potential. Discover 816 South McDowell, Petaluma's most affordable home, offering both charm and exceptional investment potential. This original 2-bedroom, 1-bathroom cottage is a great entry level home & needs TLC but the real value lies in its future possibilities. This property is part of a subdivided parcel with two available lots priced at $299,000 each, presenting a rare opportunity for developers, builders, and investors. Whether you're envisioning a family compound, a small residential community, or an affordable housing project, this property is a blank slate for your vision. The subdivided lots has approved plans for 2234 Sq Ft Home w/ ADU for each parcel offering flexibility for various building strategies, making it a strategic investment with significant ROI potential. Located near schools, transportation, shopping, and freeway access, this property ensures high demand for any future development. Don't miss out on this chance to secure a prime piece of Petaluma real estate with unmatched potential. Schedule your viewing today!
Location
State CA
County Sonoma
Community No
Area Petaluma East
Interior
Heating Wall Furnace
Cooling None
Flooring Simulated Wood
Laundry Other
Exterior
Parking Features No Garage
Garage Spaces 2.0
Utilities Available Public
Building
Story 1
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Level or Stories 1
Others
Senior Community No
Special Listing Condition Offer As Is
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Rebecca Brooks
San Francisco Bay Area Team Leader | License ID: 1249870
San Francisco Bay Area Team Leader License ID: 1249870