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John Souerbry's Blog

By John Souerbry | Broker in Palo Alto, CA

Small Multi-Family Investments in Napa, CA 10/14/2011

Small multi-family properties are often the easiest and most cost-efficient way to get started as a residential property investor.  These properties typically have 2 to 4 units, providing the opportunity for the owner to live on-site or to rent every unit.  Many successful residential investors got their start buying small unit properties and trading up to consolidate equity and improve cash flow.

Here are small unit multi-family properties currently offered for sale in Napa as of October 14, 2011.  See any you would like to take a look at?  Drop me a line (john@jsrealproperty.com) for more information and to schedule a viewing.

Type

Price

Unit Mix

Notes

3 Units

$719,000

3 x 2/1

 

3 Units

$549,000

3 x 2/1

 

3 Units

$480,000

1 x 3/1; 1 x 2/1; 1 x 1/1

Back on market

2 Units

$299,900

1 x 2/1; 1 x 2/2

Reduced from $325,000; 2 homes on 1 lot

2 Units

$285,000

2 x 2/1

 

2 Units

$283,000

1 x 2/1; 1 x 1/1; other

Unit 3 under construction

2 Units

$277,000

2 x 2/1

 

Visit www.jsrealproperty.com to search the local MLS for these and other properties, just click on Wine Country MLS button.  You can also use my RealtyTrac® search tool to find distressed properties (bank-owned, auction, etc.) in the Napa area and anywhere in California.

For local, regional and national market information, check out our 1 Minute Housing Market Report when you visit
www.jsrealproperty.com .

Keys: Multi-family properties in Napa CA, Napa homes, southern Napa Valley, Napa REO properties, homes for sale in Napa

Comments

By Timothy M. Garrity,  Fri Oct 14 2011, 05:38
Good info for your market, John.

TG
 
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