626 S Auburn ST Active Save Request In-Person Tour Request Virtual Tour
Grass Valley,CA 95945
Key Details
Property Type Multi-Family
Sub Type 5 or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 4,220 sqft
Price per Sqft $396
MLS Listing ID 225084142
Year Built 1938
Lot Size 1.370 Acres
Property Sub-Type 5 or More Units
Property Description
This renovated 11-unit cottage-style property is nestled among the trees just minutes from downtown Grass Valley. Located near shopping, dining, recreation, and year-round community events, it offers both convenience and charm. Each unit has been updated, and the property includes approximately 0.5 acres with potential for future development previously discussed with the county as suitable for a duplex and ADU or a single-family home with an ADU (buyer to verify). Managed by TK Property Management, the property generates strong income through a mix of long-term (leases & MTM) tenants and extended-stay Airbnb guests, including traveling nurses and contractors. A proven performer with high occupancy and growth potential ideal for investors seeking a stable, income-generating asset with potential expansion.
Location
State CA
County Nevada
Area 13105
Interior
Heating Wall Furnace,Individual
Cooling Wall Unit(s),Individual
Flooring Carpet,Laminate,Linoleum
Laundry Coin Operated,Washer/Dryer Leased,In Common Area
Exterior
Parking Features Uncovered
Utilities Available Natural Gas Connected,Cable Connected,City,Electric
Roof Type Composition
Building
Lot Description Auto Sprinkler F&R,Secluded,Landscape Back,Landscape Front
Story 1
Foundation ConcretePerimeter, Slab
Sewer Public Sewer
Water Public
Schools
Elementary Schools Grass Valley
Middle Schools Grass Valley
High Schools Nevada Joint Union
School District Nevada
Others
Special Listing Condition None