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.
Active
$1,675,000
626 S Auburn St, Grass Valley, CA 95945
6beds
4,220sqft
Est.:
5 or More Units
Built in 1938
-- sqft lot
$-- Zestimate®
$397/sqft
$-- HOA
What's special
Nestled among the trees
- 12 days
- on Zillow |
- 331 |
- 20 |
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