Four unit residential complex in down town Napa. Cap Rate 6.7%. Fully rented with 1 yr leases. Work completed: new interior exterior paint, new foundation, new roof, upgraded copper plumbing, ABS waste lines, electrical upgraded, cabinets, bathroom fixtures, lighting fixtures, new HVAC, LVP flooring, windows. This property has 2x 3 bedroom 2 bath units, 1x 2 bedroom 1 bath unit and 1 x 1 bedroom 1 bath unit.
Each unit has its own laundry, full size stove, micro wave, entry and yard or porch, patio, deck access. 2 car detached garage offers opportunity for another unit. Gross Rental Income = $10,450/mo. After repair value is $1.9 M Also ask about investing in the property with equity share.