Bought with Joel Toller • Coldwell Banker Brokers of the Valley
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Key Details
Sold Price $2,040,000
Property Type Multi-Family
Sub Type 5 or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 5,282 sqft
Price per Sqft $386
MLS Listing ID 22029545
Sold Date 04/14/21
HOA Y/N No
Year Built 1972
Lot Size 10,741 Sqft
Property Sub-Type 5 or More Units
Property Description
Excellent investment opportunity - six unit apartment complex walking distance to downtown St. Helena. Five 2-bdr/1-bath units, and one 2-bdr/2-bath owner's unit with attached garage. 100% occupied with 100% rent collections during pandemic. Average in-place rents are $250 below market offering significant income upside. All units recently updated with new cabinetry, flooring, and stainless steel appliances. Four units have unobstructed views of vineyards, plus patios or balconies overlooking the vineyards. Due to severe lack of rental housing for local employees, these units are always full and very easy to rent upon turnover.
Location
State CA
County Napa
Area St. Helena
Interior
Heating Central, Wall Furnace
Flooring Carpet, Linoleum/Vinyl, Simulated Wood
Exterior
Parking Features Carport, Garage, Off Street, Uncovered
Roof Type Shingle
Building
Foundation Slab
Sewer Public Sewer
Water Public
Others
Special Listing Condition None
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Rebecca Brooks
San Francisco Bay Area Team Leader/Broker Associate | License ID: 1249870
San Francisco Bay Area Team Leader/Broker Associate License ID: 1249870