Sold

306 S Minahen St

Napa CA, 94559

$3,350,000


$675.40 per sqft

Sold

4,960 sqft

Multi-family

Built in 1976

A rare single-story, fully-remodeled apartment complex is available for sale in popular south Napa. The property includes 6 units, each offering 2 bedrooms, 1 bathroom, and large private backyards. Close to downtown and popular shopping centers, this property offers easy access to Highway 29. While its location in south Napa makes for an easy commute, the property is tucked back off the main road down a private driveway. Each apartment unit was recently gutted and extensively remodeled with a new roof, new plumbing & electrical, beautiful new flooring, paint, appliances, and countertops. Large, front-facing windows provide bright, natural lighting that complement the cool tones used in the painting, flooring, and cabinetry. Each unit is like-new and fully-occupied. Tenants have signed one-year leases, and rents range from $2,600 to $2,750. The property offers a 4.0% Cap Rate (annual return on investment).

322039863

MLS ID

February 10, 2024

Updated

Map

306 S Minahen St
Napa CA, 94559

Interior Features

Total Stories

0


Appliances

Dishwasher, Microwave


Laundry Description

In Common Area


Fireplace

No


Cooling

Yes


Cooling Description

Wall Unit(s)


Heating

Yes


Heating Description

Other

Exterior/Building Features

Lot Size

0.74 Acres


Exterior Features

Landscape Front


Lot Features

Landscape Front


Sewer

Public Sewer

Other Property Details

Area Name

Napa


Garage

No


Parking

Uncovered


Parking Total

12


View

No


County

Napa


Water Source

Public


Pool

No


Buyer Agency Compensation

2%

Bought with William Kampton with William Kampton and Listed by Michael Holcomb with Strong & Hayden

Listing Contact:  

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Jeff Warren shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

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