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626 S Auburn Street Grass Valley, CA $ 2,049,999
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626 S Auburn Street
$ 2,049,999
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626 S Auburn Street

Grass Valley, CA, 95945
$ 2,049,999
Baths0.0

Monthly Estimate*

$ 14,320

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Studio

Multi-Family Home for sale in Grass Valley, CA

for $2,049,999. This home was built in 1938 on a lot size of 1.37.

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.

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Multi-Family Active

Price

$ 2,049,999

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

5 or More Units

Lot Size

1.37

Year Built

1938

Town/City

Grass Valley

County/Region

Nevada

MLS | Web ID

224029859
Features
General
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
HOA 0
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
Elevation 0
County Nevada
Property Type ResidentialIncome
HOA / Comm Assn N
Total Rooms 0
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
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Interior
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
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
Unit 3 Bedroom Units Total 0
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Exterior
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
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Internal Only
Street Number 1 626
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* Excluded Features
List By
Exp Realty Of California Inc.

Broker

tony.nicosia@exprealty.com

Email

Affordability Calculator

$14,320
Per Month
100%
0%
0%
Monthly Principal & Interest
$14,320
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3193658 Elementary School
3193648 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
5/2/2024 $2,049,000 Listed Price

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626 S Auburn Street, Grass Valley, CA, 95945 is a Multi-Family Home for sale at $2,049,999 with a lot size of 1.37. 626 S Auburn Street is a studio with 0.0 baths and was built in 1938. The property's zip code is 95945 which is in Grass Valley, CA

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