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About This Listing
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.
Map Location
Walk Score
1002 9th Avenue, Sacramento, CA 95818
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Source:Listed by: Portfolio Real Estate
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Details
$699,000(Negotiable)
6106 Madison Avenue, Carmichael, CA 95608
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Source:Listed by: Vadim Eidemiller, Broker
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Details
$555,000(Negotiable)
335 A Street, South San Francisco, CA 94080
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Source:Listed by: Lynel Ford Realty
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Details
$1,399,000(Negotiable)