Back on Market with $200,000 Price Reduction. Buyer was unable to finance. Their loss could be your gain! Exceptional investment opportunity in desirable North Napa! Situated on over 1/2 acre, this rare property features two duplexes comprised of four 2-bedroom, 1-bath units, each with approximately 760 Square Feet, private garage and washer/dryer hookups. Long-term tenants provide stable income with approximately $50,000 actual gross annual revenue and significant upside potential. Less than one block to public transportation, right down the street from Willow Elementary School, Vintage High School and not too far from Unidos Middle School. Property improvements include upgraded electrical subpanels, french drains along the west and north sides of the property, and city sewer service with three cleanouts. Roof, home, well, and pest inspection reports are available for buyer review, offering added transparency and confidence. Per the City of Napa, the expansive lot may allow for the addition of up to four ADUs, creating valuable future development and income potential. Recent appraisal at $1,450,000. A compelling opportunity for investors, 1031 exchange buyers, or those seeking long-term growth in the heart of the Napa Valley. Please do not disturb occupants.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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