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Realty Point, Inc.

admin@realtypoint.net +1(916) 936-3930

$649,900

Est. payment - /mo

2 Beds

1 Bath

750 SqFt

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Key Details

Property Type Multi-Family

Sub Type 3+ Houses on Lot

Listing Status Active

Purchase Type For Sale

Square Footage 750 sqft

Price per Sqft $866

MLS Listing ID 226040347

Bedrooms 2

Full Baths 1

HOA Y/N No

Year Built 1959

Lot Size 1.080 Acres

Acres 1.08

Property Sub-Type 3+ Houses on Lot

Source MLS Metrolist

Property Description

Great Investment Opportunity with Three Separate Homes! Fantastic opportunity to own an income-producing property featuring three completely separate homes in a desirable Grass Valley neighborhood, conveniently located near downtown Grass Valley and Condon Park. The main residence is approximately 1,040 square feet with 2 bedrooms and 1 bathroom, plus a huge detached 3-car garage and separate RV storage. This home currently rents for $2,000 per month. The second home is approximately 550 square feet and features an attached 2-car garage. It is currently rented for approximately $1,800 per month. Both of these homes have been nicely updated and feature brand-new roofs, while two of the units are equipped with tankless water heaters. The third home is approximately 750 square feet and offers its own separate driveway and a beautiful private yard. Recent improvements include new carpeting, and the home also features a refrigerator that is approximately one year old. This unit currently rents for $1,650 per month. With three separate dwellings, multiple garages, RV storage, individual driveways, and a strong existing rental income stream, this property offers an exceptional opportunity for investors or buyers looking to live in one home while generating rental income from the others or family compound. A convenient location close to downtown and nearby recreation adds to the property's appeal. Current combined rental income: approximately $6,450 per month, or $77,400 annually. A rare opportunity to own multiple income-producing homes on one property in Grass Valley! PLEASE DO NOT DISTURB THE TENANTS.

Location

State CA

County Nevada

Area 13105

Direction Packard to Butler to Glen Meadow

Rooms

Guest Accommodations Yes

Living Room Great Room, Other

Dining Room Dining/Family Combo, Space in Kitchen, Dining/Living Combo

Kitchen Breakfast Area, Kitchen/Family Combo, Laminate Counter

Interior

Heating Fireplace(s), Gas, Wall Furnace, Wood Stove, Natural Gas

Cooling Ceiling Fan(s), Window Unit(s)

Flooring Carpet, Laminate

Fireplaces Number 1

Fireplaces Type Living Room, Wood Stove

Appliance Free Standing Gas Range, Free Standing Refrigerator, Gas Cook Top, Dishwasher, Microwave, Tankless Water Heater

Laundry Dryer Included, Sink, Washer Included, Inside Room

Exterior

Exterior Feature Uncovered Courtyard

Parking Features Attached, Boat Storage, RV Garage Detached, Detached, RV Storage, Garage Facing Front, Uncovered Parking Spaces 2+, Guest Parking Available

Garage Spaces 5.0

Fence Chain Link, Cross Fenced, Fenced

Utilities Available Cable Available, Public, Electric, Internet Available, Natural Gas Connected, Other

Roof Type Composition

Topography Level

Street Surface Paved

Porch Back Porch, Uncovered Deck, Uncovered Patio

Private Pool No

Building

Lot Description Corner, Low Maintenance

Story 1

Foundation Raised, SeeRemarks, Slab

Sewer Septic System

Water Well, Other

Architectural Style Ranch

Level or Stories One

Schools

Elementary Schools Grass Valley

Middle Schools Grass Valley

High Schools Nevada Joint Union

School District Nevada

Others

Senior Community No

Tax ID 007-580-010-000

Special Listing Condition Trust

Pets Allowed Yes

Virtual Tour https://nevcotours.com/11019-Glen-Meadow-Dr-1

PoolY/N No

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Listed by RE/MAX Gold

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Realty Point, Inc.

+1(916) 936-3930

Real Estate Brokerage | CA DRE#02212763

Real Estate Brokerage CA DRE#02212763

11019 Glen Meadow DR Grass Valley, CA 95945

Realty Point, Inc.

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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