840 W Napa Street, Sonoma, California, United States | Homes For Sale at GLOBAL LISTINGS

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Home For Sale

$5,995,000

840 W Napa Street
Sonoma, California, United States

11,532 sqft

Listed By: Homes & Land Magazine

Listed On: 12/12/2024

Listing ID: GL12008458 View More Details

Description

Prime Multifamily Investment: Sonoma Village Lane High quality, newer built multifamily investment property in the heart of Sonoma. Located at 840 W. Napa St. just mile from the Sonoma Plaza. Built in 2019, this carefully constructed and designed property features 11 units on 1.03 acres. (7) 2bd/2ba units at 920sqft., (4) 2bd/2ba units at 1200 sqft. The mix of single-level units and two-story units, offers versatility and appeal to a variety of tenants. Each unit includes its own fenced in rear yard and patio as well as covered parking. This property has been impeccably maintained, and is equipped with modern appliances, well-kept grounds and landscaping. Dual entrances on W. Napa and Spain Street enhance accessibility and convenience, ensuring an attractive living environment. Ideal for savvy investors, 840 W. Napa presents an excellent 1031 exchange opportunity, combining strong rental income potential with the prospect of long-term appreciation. Whether you#039;re expanding your portfolio or seeking a strategic investment, this property promises both immediate returns and future growth.