1516 3rd St
Napa, CA 94559
Immeuble residentiel Propriété À vendre · 8 Unités

Discover a unique investment opportunity with The Lovejoy Mansion, a Stick Eastlake Victorian built between 1885–1887 and later converted into an 8-unit multi-family property in the mid-20th century. This building combines classic architectural character with updated systems, offering both historic charm and practical functionality in the heart of Napa Valley.
Property Highlights:
• Modern Systems: Comprehensive 1985 renovation included all-new plumbing, ABS drain lines, full rewiring for electric, phone, and cable, and new gas service—all separately metered for each unit.
• Independent Utilities: Each unit boasts its own gas-fired wall furnace and gas water heater, ensuring individual tenant control and efficient management.
• Fully Leased: Solid tenant base, including some long-term residents, offering immediate cash flow.
• Outdoor Space: Shared rear patio area perfect for tenant relaxation.

Whether you're seeking a stable income-producing asset or looking to add a landmark property to your portfolio, The Lovejoy Mansion represents a rare opportunity to own a slice of Napa’s heritage in an unbeatable location.
Inquire today to schedule a private showing of this exceptional investment property.