Overview
About This Listing
Discover two charming cottages on one lot in one of Auburn’s most desirable and historic neighborhoods. Cap rate at .07% – The Aeolia area is known for its vintage homes, tree-lined streets, and easy access to canyon trails, creating a highly sought-after living environment. The first home offers 1 bedroom, 1 bathroom, a spacious galley kitchen, a large partially covered front deck, a private backyard, and a detached laundry and storage building for laundry area. The second home features 2 bedrooms, 1 bathroom, its own laundry room, a full galley kitchen, a covered private rear patio, and a welcoming front porch. Both cottages are approximately 645 sq. ft. each (per appraiser) and have received substantial renovations over the past eight years. Currently occupied by reliable long-term tenants with leases in place, this property provides immediate income potential in one of Auburn’s most established neighborhoods.
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Source:
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