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
Multi-Family, 1 Story
5
Nevada
4 Full
1938
1.37
Acres
Public
1
Wood
Public Sewer
Cable Available, Natural Gas Available
School Information
Nevada
Bathrooms
4
Interior Features
- Appliances
- Microwave
- Flooring
- Laminate, Carpet
- Doors/Windows
- Insulated Windows
Exterior / Lot Features
- Parking
- 16 Parking Spaces.
- Exterior
- Wood
- Roof
- Composition
- Zoning
- Multi-Family
Financial Considerations
029-241-007-000
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