Investment Gem Near Russian River Beaches - This unique property, a short walk to river beaches and local market, offer maximum versatility. Originally a single-family home, now a beautifully adapted three-unit dwelling, it offers an array of living options. The top floor unveils a luxuriously renovated three-bedroom, two-bath retreat where the feel is all comfort and style. Below, flexibility defines the ground level with a space that can transform from a two-bedroom, two-bath setup into separate one-bedroom one-bath and studio units, perfect for vacation rentals or long-term tenants. Each unit has independent access, set within low-maintenance, picturesque grounds. Fully updated to turnkey perfection, it's an enticing proposition for those seeking to combine lifestyle with financial return, all within a coveted location. Ideal for true investors, boasting a 6.5% cap rate at long-term rent rates plus the ability to select your own tenants and at fair market rates. This gorgeous property also invites the option to reside upstairs while benefiting from rental income below. Beautifully renovated from top to bottom. Seize this multifaceted investment opportunity. Check out the video in the virtual tour link on the platform you're browsing.
MLS #
BA324022725
MLS Source
Bay Area Real Estate Information Services, Inc.
Days on Site
27
Buyer's Brokerage Compensation*
2.5%
Appliances
Dryer, Washer
Fireplace
Brick, Family Room, Two-Way
Laundry
Laundry Area
Cooling
Multi Units, Other
Heating
Heating - 2+ Units, Other
Roof
Composition, Shingle
Foundation
Concrete Perimeter and Slab
Pool
Pool - No
Style
Traditional
Garage/Parking
Tandem Parking, Garage: 1 Car(s)
Sewer
Septic Tank
Water
Public
# Buildings | # Leased Units | # Total Units |
---|---|---|
0 | – | – |
10661 Grays Rd is a Residential in Forestville, CA 95436. This 2,600 square foot property sits on a 7,200 Sq Ft Lot and features 3 bedrooms & 2 full bathrooms. It is currently priced at $975,000 and was built in 1950.
This address can also be written as 10661 Grays Rd, Forestville, CA 95436.©2024 Bay Area Real Estate Information Services, Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from Bay Area Real Estate Information Services, Inc.
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This listing information is up-to-date as of April 23, 2024. For the most current information, please contact Jennifer Peschken, (707) 293-8009