Multifamily
1413 2nd St
1413 2nd St, Calistoga, CA 94515
Listing Price: $1,250,000
Investment Overview
Marcus & Millichap is proud to present the sale of this exquisite triplex located at 1413 2nd Street, merely two blocks away from downtown Calistoga. Triplex properties offer multiple rental units within a single structure, providing potential for steady rental income. In Calistoga, where a blend of historic and contemporary properties characterizes the landscape, the allure of triplexes is shaped by their amenities, proximity to attractions, and rental demand. At 1413 2nd Street - you will get all of that: each unit features two bedrooms and two full bathrooms along with a single-car garage, and boasting an unbeatable location just two blocks away from downtown. Furthermore, the property supports strong rents with a base of loyal tenants. This exceptional triplex opportunity presents an attractive investment prospect in the heart of Calistoga. Originally constructed in 1992 and transitioning ownership in 1993, this triplex has remained in the same hands for over three decades, a testament to pride of ownership and meticulous maintenance.
Nestled at the northern end of Napa County, California, Calistoga is a quaint city renowned for its hot springs, wineries, and picturesque environs. Marrying the charm of a small town with the sophistication of a European spa, Calistoga has captivated residents and visitors alike for centuries, beckoning them to the splendors of Napa Valley. Conveniently situated within easy reach of Sonoma County Airport (a mere 30-minute drive) as well as Oakland, Sacramento, and San Francisco International Airports (approximately 90 minutes away), Calistoga offers an accessible escape. With its affordable living costs, Calistoga serves as an idyllic retreat where one can unwind, savor fine wines, and indulge in the region's outstanding culinary offerings.
Please do not disturb tenants. All tours must be scheduled with the listing agents.
1413 2nd St
Investment Highlights
- First time on the market in over three decades: This pride-of-ownership asset has been meticulously maintained over the years, offering a new owner a low-maintenance investment property
- Recent capital improvements completed within the last 5 years include a new roof, new exterior paint, new automatic garage doors, and a new driveway, enhancing the property's value and curb appeal
- Unbeatable Calistoga location: Just two blocks from downtown, with easy walking access to restaurants, shopping, and more, making it an ideal location for residents
- Excellent unit composition: Each unit features two-bedroom, two-full-bathroom units, and a single-car garage with storage closets, along with ample on-site and off-street parking
- Community backyard shared with each unit: A perfect gathering spot for summertime fun, providing residents with an inviting space to relax and socialize.
- Strong in-place rents reflecting the robust market demand and a history of long-term, loyal tenants, ensuring consistent returns for investors
- Excellent investment opportunity for first-time investors eager to kickstart their multi-family portfolio
Exclusively Listed By
Listing Price: $1,250,000
Investment Highlights
- First time on the market in over three decades: This pride-of-ownership asset has been meticulously maintained over the years, offering a new owner a low-maintenance investment property
- Recent capital improvements completed within the last 5 years include a new roof, new exterior paint, new automatic garage doors, and a new driveway, enhancing the property's value and curb appeal
- Unbeatable Calistoga location: Just two blocks from downtown, with easy walking access to restaurants, shopping, and more, making it an ideal location for residents
- Excellent unit composition: Each unit features two-bedroom, two-full-bathroom units, and a single-car garage with storage closets, along with ample on-site and off-street parking
- Community backyard shared with each unit: A perfect gathering spot for summertime fun, providing residents with an inviting space to relax and socialize.
- Strong in-place rents reflecting the robust market demand and a history of long-term, loyal tenants, ensuring consistent returns for investors
- Excellent investment opportunity for first-time investors eager to kickstart their multi-family portfolio
Investment Overview
Marcus & Millichap is proud to present the sale of this exquisite triplex located at 1413 2nd Street, merely two blocks away from downtown Calistoga. Triplex properties offer multiple rental units within a single structure, providing potential for steady rental income. In Calistoga, where a blend of historic and contemporary properties characterizes the landscape, the allure of triplexes is shaped by their amenities, proximity to attractions, and rental demand. At 1413 2nd Street - you will get all of that: each unit features two bedrooms and two full bathrooms along with a single-car garage, and boasting an unbeatable location just two blocks away from downtown. Furthermore, the property supports strong rents with a base of loyal tenants. This exceptional triplex opportunity presents an attractive investment prospect in the heart of Calistoga. Originally constructed in 1992 and transitioning ownership in 1993, this triplex has remained in the same hands for over three decades, a testament to pride of ownership and meticulous maintenance. Nestled at the northern end of Napa County, California, Calistoga is a quaint city renowned for its hot springs, wineries, and picturesque environs. Marrying the charm of a small town with the sophistication of a European spa, Calistoga has captivated residents and visitors alike for centuries, beckoning them to the splendors of Napa Valley. Conveniently situated within easy reach of Sonoma County Airport (a mere 30-minute drive) as well as Oakland, Sacramento, and San Francisco International Airports (approximately 90 minutes away), Calistoga offers an accessible escape. With its affordable living costs, Calistoga serves as an idyllic retreat where one can unwind, savor fine wines, and indulge in the region's outstanding culinary offerings. Please do not disturb tenants. All tours must be scheduled with the listing agents.
Exclusively Listed By
