Active
626 S Auburn Street
Grass Valley CA, 95945
$2,049,999
Active
5 Beds
4 Baths
Multi-family
Built in 1938
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.
224029859
MLSⓇ ID
March 27, 2024
Listed
May 29, 2024
Updated
Map
626 S Auburn Street
Grass Valley CA, 95945
Interior Features
Total Stories
1
Bedrooms
5
Total Bathrooms
4
Full Bathrooms
4
Interior Features
Carpet, Laminate
Appliances
Microwave
Floor Description
Carpet, Laminate
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
1.37 Acres
Roof
Composition
Sewer
Public Sewer
School Information
School District
Grass Valley
Other Property Details
Area Name
13105
Garage
No
Parking Total
16
View
No
County
Nevada
Water Source
Public
Pool
No
Zoning
Multi-Family
Buyer Agency Compensation
2.5%
Listing History
Date | Event | Price |
|---|---|---|
5/2/2024 | Price Change | $2,049,999 0% |
Courtesy of eXp Realty of California Inc., Anthony Nicosia,
Listing Contact:
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