747 3rd ST A + B new Save Request In-Person Tour Request Virtual Tour
Napa,CA 94559
Key Details
Property Type Multi-Family
Sub Type 2 Houses on Lot
Listing Status Active
Purchase Type For Sale
Square Footage 2,874 sqft
Price per Sqft $485
Subdivision East Napa
MLS Listing ID 325033893
Bedrooms 6
Full Baths 3
Construction Status Original
HOA Y/N No
Year Built 1887
Lot Size 4,791 Sqft
Property Sub-Type 2 Houses on Lot
Property Description
This 1880's historic Victorian multi-unit opportunity offers a healthy 4.3 - 4.6 pct estimated cap rate and strong investment potential. Situated in the Soscol Gateway Neighborhood, neighboring Napa Valley Expo, Fairgrounds, and annual BottleRock musical festival venue, this coveted location is a 5-minute walk to Downtown Napa's food scene and restaurants, tasting rooms, river front, shopping and more. Zoned RT 5 and permitted as MLT FAM <10, its flexible layout accommodates a variety of uses, including single-family attached and detached units, multiple family apartments, and potentially some live-work housing. The property features 2 structures with 3 units totaling 2,874 SF: all with private entrances. Unit A is a lower-level unit with 2 BD, 1 BA, and a kitchen, Unit B is an upper-level unit with 3 BD, 1 BA, a kitchen, and a private balcony overlooking 3rdSt., and 700 Lawrence Street is a unit with 1 BD, 1 BA, and a kitchenette. The property has common laundry facilities and 2 common courtyard areas. Each unit is on separate heating and electrical. Water is shared amongst all units. Roof was replaced 5 years ago. On-Street parking for all units. Managed by Crown Realty PM. Profit and Loss details available on request.
Location
State CA
County Napa
Community No
Area Napa
Zoning RT 5
Interior
Heating Wall Furnace
Cooling Wall Unit(s)
Laundry Dryer Included,Inside Room,Washer Included
Exterior
Exterior Feature Balcony,Uncovered Courtyard
Parking Features No Garage
Fence Front Yard,Metal
Utilities Available Public
View City,City Lights,Downtown
Building
Story 2
Sewer Public Sewer
Water Public
Architectural Style Victorian
Level or Stories 2
Construction Status Original
Schools
School District Napa Valley Unified,Napa Valley Unified,Napa Valley Unified
Others
Senior Community No
Special Listing Condition Offer As Is