Compare Listings

Price: $655,000
Units: 2
Property Type: Multi Unit 2-4
Status: Active
Year Built: 1964
Days on Website: 76

Listing courtesy of Nicole Solari, Level Up Realty.

Property Description

Rare wine country opportunity, multi-income producing investment. 1000 Terrace Drive is a charming Napa duplex that’s already extraordinary in addition to brimming with potential. Each unit has one bed and one bath situated on an almost 12,000 square foot lot, with the option to build up to SIX total units including one commercial. Each unit has a garage with laundry, while the additional third car garage has been rented for storage. The sky is the limit when it comes to ideas for capitalizing on this investment. Want to build a commercial unit with a modern apartment on top? You can! Want to build additional residential spaces for passive income? You can! Located minutes away from the chic and trendy downtown Napa, Oxbow Public Market, numerous wineries, and breweries. Perfect for the savvy investor. Don’t miss your chance to own this gem!

Property Details and Features

  • Listing
  • Source: Bay Area Real Estate Information Services
  • Transaction type: Sale
  • $2,408,088 per acre
  • $520 per square foot
  • Lease type: {Net}
  • Location
  • County: Napa
  • Area: Napa
  • House
  • Built in 1964
  • 1 building
  • 1,260 square feet
  • Traditional
  • 2 Story
  • Expenses
  • Monthly expenses: $1,695
  • Exterior Features
  • Stucco
  • Foundation
  • Reinforced Concrete
  • Water
  • Water-Public
  • Income
  • Monthly income: $2,717
  • Laundry
  • In Each Unit
  • Lot
  • Lot square footage: 11,848
  • 0.27 acres
  • Upslope
  • Parking
  • 4-7 Cars
  • Garage
  • Roof
  • Composition
  • Sewer
  • Sewer Public
  • Taxes
  • Estimated taxes: $8,073

Property Map

$655,000 – 1000 Terrace Drive Unit A & B, Napa, CA 94559

Street View

Mortgage Calculator

  • This field is for validation purposes and should be left unchanged.
  • This field is for validation purposes and should be left unchanged.