Address
626 S Auburn Street, Grass Valley, CA
Price
$ 2,049,999
Property Attributes
- MLS#224029859
- TypeIncome
- CountyNEVADA
- CityGrass Valley
- AreaGrass Valley
- Zip95945
- Style5 or More Units
- Price$ 2,049,999
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size1.37 Acres
Data Source:
MetroList MLS
Property Description
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.
| Price History | |
|---|---|
| 5/2/2024 | Listed $2,049,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Wall Furnace,Individual |
| Cooling | Wall Unit(s),Individual |
| Utilities | Natural Gas Connected,Cable Connected,City,Electric |
| Roof | Composition |
| Appliances | Free Standing Gas Range,Free Standing Refrigerator,Microwave |
| Unit 4 Rent | 975 |
| Unit 2 Rent | 1550 |
| Unit 3 Rent | 1405 |
| Unit 1 Rent | 1375 |
| Garage Spaces | 0.0 |
| Construction Materials | Wood Siding |
| Year Built | 1938 |
| Electric | 220 Volts |
| Tenant Pays | Cable TV,Electricity,Sewer,Gas,Trash Collection,Water |
| Stories | 1 |
| Topography | Downslope |
| Levels | One |
| Property SubType | 5 or More Units |
| County | Nevada |
| Property Type | ResidentialIncome |
| HOA / Comm Assn | No |
| Close Price | 0.0 |
| Status | Active |
| Directions | Follow CA-49 N to E McKnight Way in Grass Valley. Take the Mc Knight Way exit from CA-49 N Take S Auburn St to your destination |
| City | Grass Valley |
| Buyer Agent Compensation | 2.5 |
| High School District | Nevada Joint Union |
| Zoning Description | Multi-Family |
| Open Parking Spaces | 16.0 |
| Total Units | 11 |
| MLS Area | 13105 |
| Lot Size Square Feet | 59677.0 |
| Carport Spaces | 0.0 |
| Street Name | Auburn |
| Property Condition | Updated/Remodeled |
| Standard Status | Active |
| Middle/Junior School District | Grass Valley |
| Elementary School District | Grass Valley |
| Year Built Source | Assessor Auto-Fill |
| Buyer Agent Compensation Type | Percent |
Interior Features
| Flooring | Carpet,Laminate,Linoleum |
|---|---|
| Total Stories | 1 |
| Furnished Units | Varies By Unit |
| Unit 1 Full Baths | 1 |
| Unit 2 Full Baths | 1 |
| Unit 3 Full Baths | 1 |
| Unit1Bedrooms | 2 |
| Unit2Bedrooms | 1 |
| Unit3Bedrooms | 1 |
| Unit4Bedrooms | 1 |
| Window Features | Dual Pane Full |
| Street Suffix | Street |
| Laundry Features | Coin Operated,Washer/Dryer Leased,In Common Area |
| Unit 1 Bedroom Units Total | 8 |
| Unit 2 Bedroom Units Total | 2 |
| UnitTypeStudioUnitsTotal | 1 |
Exterior Features
| Parking Features | Uncovered |
|---|---|
| Lot Features | Auto Sprinkler F&R,Private,Secluded,Landscape Back,Landscape Front |
| Water Source | Public |
| Total Parking | 16.0 |
| Foundation Details | ConcretePerimeter,Slab |
| Number of Buildings | 7 |
| Lot Size Acres | 1.37 |
| Lot Size Source | Assessor Auto-Fill |
| Covered Spaces | 0.0 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Income Average in 95945
Price
Visits
Year Built
All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data maintained by MetroList© may not reflect all real estate activity in the market.
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MetroList CA data last updated: May 18, 2024 11:09 AM UTC 