747 3rd St Unit A B Napa, CA 94559
Property details
About 747 3rd St Unit A B
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.
Highlights
Summary
- Full Bathrooms: 3
- Total Bedroom Count: 6
- Attached Garage: No
- Private Pool: No
- Parking: No Garage
- View: City, City Lights, Downtown
- Exterior: Balcony, Uncovered Courtyard
- Architectural Style: Victorian
- Heating: Wall Furnace
- Cooling: Wall Unit(s)
- List Price: $1,395,000
- Price/SqFt: $485
- Lot: Corner Lot, Curbs
- Directions: From 121 Hwy./Soscol Ave. head North and make a left on 3rd St. Property is located on the left hand side of the street on the corner of Lawrence St. and 3rd St.
- Year Built: 1887
- Stories: 2
- Living Area: 2,874 SqFt
- Lot Size: 0.11 Acres
- MLS Number: 325033893
- MLS Name: BAREIS MLS
- Office Name: Vanguard Properties
- Office Email: Broker@vanguardproperties.com
- Listing Agent: Nick C Muccitelli
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Last updated on: 5/5/2025, 3:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,395,000
747 3rd St Unit A B
$10,000
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Price information
Property sales
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Nearby schools
5
Alta Heights Elementary School
Public District KG-5
0.5 mi
•15 Montecito Blvd
3
Shearer Elementary School
Public District KG-5
0.8 mi
•1590 Elm St
5
Napa Valley Language Academy
Public District KG-5
1.3 mi
•2700 Kilburn Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $84,195. The most common annual income of people living in Napa, CA is between $100k-200k. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
This home is located at 747 3rd St Unit A B in Napa, CA and zip code 94559 in the Soscol Gateway South neighborhood. This 2,874 square foot home, which was built in 1887, sits on a 0.11 acre lot. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 23, 2025 and is currently priced at $1,395,000.
While more than 11 listings in Napa, CA in April 2025 were sold above asking price, there were more than 14 listings sold at asking price, and more than 28 were sold below. The inventory of homes for sale in Napa, CA between March and April 2025 increased by 27.2%.