$1,395,000

747 3rd St #A + B, Napa, CA 94559

  • 6 beds |
  • 3 baths |
  • 2,874 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1887
  • Property Lot Size Icon4,792sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $485/sqft
  • Property List Date Icon Listed 1 month ago

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.

Listing Status:
Active
Date Added:
April 23, 2025 at 05:00AM
Listing Office:
Vanguard Properties : 707-987-6393
Listing Agent:
Nick C Muccitelli : 818 6206954
MLS ID:
325033893
  • Rooms: Street Entrance
  • Laundry: Dryer IncludedInside RoomWasher Included
  • A/C: Wall Unit(s)
  • Heating: Wall Furnace
  • Fireplace: Fireplaces: 0

This listing courtesy of Nick C Muccitelli, Vanguard Properties

Location

Schools Nearby

A

Alta Heights Elementary School

15 Montecito Blvd, Napa, CA, 94559

Grades KG-5

0.53 miles away

S

Silverado Middle School

1133 Coombsville Rd, Napa, CA, 94558

Grades 6-8

1.03 miles away

N

New Technology High School

920 Yount St, Napa, CA, 94559

Grades 9-12

0.63 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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