626 S Auburn Street Grass Valley, CA 95945
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.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyNevada
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site21 Days
- MLS StatusActive
- MLS ID Number224029859
- Home Size Source N/A
- Year Built1938
- Lot Size1.37 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Construction Wood Siding
- Parking Uncovered
- Parking Spaces 16
- Sewer Public Sewer
- Electric 220 Volts
- Number of Stories 111
- Acreage 1.37
- Water Public
- Zoning Multi-Family
- Cross Street E Empire St.
- Property Sub Type Multi Family
- Garage Spaces 0
- Utilities Natural Gas ConnectedCable Connected
- Foundation Concrete PerimeterSlab
- Property Condition Updated/ Remodeled
Interior Features
- Cooling Wall Unit(s)Individual
- Heating Wall FurnaceIndividual
- Appliances Free Standing Gas RangeFree Standing RefrigeratorMicrowave
- Flooring CarpetLaminateLinoleum
- Laundry Features Coin OperatedWasher/ Dryer LeasedIn Common Area
- Window Features Dual Pane Full
Exterior Features
- Roof Composition
- Lot Auto Sprinkler F& RPrivateSecludedLandscape BackLandscape Front
Community Features
- Association Dues 0
- MLS Area 13105