Cozy 11-unit cottage-style residential income property nestled in the trees of picturesque Grass Valley minutes from downtown. Shopping, recreation, a full range of restaurants and eateries, and many year-round community events are minutes away or within walking distance. This property had been lovingly cared for with all 11 units having been thoughtfully renovated. Future expansion potential of approximately .5 acres in back left corner of parcel for previously verbally approved by the county for a duplex and ADU or SFR and an ADU. Please check with the county to verify the potential of .5 acres for future building. The property is expertly managed by TK Property Management which handles both the standard tenants and Airbnb bookings using their mixed income stream property income optimization approach. Airbnb bookings are typically booked for 3-plus months by excellent tenants who are traveling workers such as nurses and contractors at Beale. Perfect for investors who would like a turn-key property with an established record of maximum profitability and high occupancy.
MLS #
ME224029859
MLS Source
MetroList Services, Inc.
Days on Site
17
Buyer's Brokerage Compensation*
2.5
Appliances
Microwave, Oven Range - Gas
Flooring
Carpet, Laminate, Linoleum
Laundry
Coin Operated
Cooling
Air Conditioning - Individual, Window/Wall Unit
Heating
Individual Room Controls, Wall Furnace
Roof
Composition, Rolled/Hot Mop
Foundation
Concrete Perimeter, Slab, Concrete Perimeter and Slab
Garage/Parking
Garage: 0 Car(s)
Sewer
Public Sewer
Water
Public
HOA Fee
$0
Zoning
Multi-Family
# Buildings | # Leased Units | # Total Units |
---|---|---|
7 | 11 | – |
Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
---|---|---|---|---|---|---|
1 | 988 | 2 | 1/0 | $1,375 | – | – |
2 | 325 | 1 | 1/0 | $1,550 | – | – |
3 | 325 | 1 | 1/0 | $1,405 | – | – |
4 | 325 | 1 | 1/0 | $975 | – | – |
626 S Auburn St is a Residential Income in Grass Valley, CA 95945. This 4,220 square foot property sits on a 1.37 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,049,999 and was built in –.
This address can also be written as 626 S Auburn St, Grass Valley, CA 95945.©2024 MetroList 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 MetroList Services, Inc.
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* The offer of compensation is made subject to the MLS rules where the listing is filed. Please contact your agent for any questions concerning this subject matter.
This listing information is up-to-date as of May 02, 2024. For the most current information, please contact Anthony Nicosia, (530) 401-4391