• For Sale
  • USD 1,800,000 
  • Build Size: 1,963 ft2
  • Property Type: Multi-Family Home
  • Bedroom: 5
  • Bathroom: 4
Charming 11-unit cottage-style residential income property situated among the trees in the picturesque town of Grass Valley, just minutes from downtown. Conveniently close to shopping, recreation, a wide variety of restaurants, and numerous year-round community events, all within a short walk or drive. Each of the 11 units has been lovingly renovated, and the property offers future expansion potential on approximately 0.5 acres in the back left corner of the parcel, with prior verbal approval from the county for a duplex and ADU, or a single-family residence and an ADU. Verification with the county is recommended to confirm the potential for future development. The property is expertly managed by TK Property Management, which handles both standard tenants and Airbnb bookings, optimizing income through a mixed revenue approach. Airbnb guests typically stay for over three months and include traveling professionals like nurses and contractors at Beale. This property is ideal for investors seeking a turnkey opportunity with a proven track record of maximum profitability and high occupancy rates.
John  Acord
John Acord
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626 S Auburn Street, Grass Valley CA 95945, Grass Valley, California, United States is a 1,963ft2 Grass Valley luxury Multi-Family Home listed for sale USD 1,800,000. This high end Grass Valley Multi-Family Home is comprised of 5 bedrooms and 4 baths. Find more luxury properties in Grass Valley or search for luxury properties for sale in Grass Valley.