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10661 Grays Road

Forestville, CA 95436
  • $1,025,000
  • STATUS: Active
  • ON SITE: 18 Days
  • ID#: 324022980
$1,025,000
  • 4
    BEDS
  • 0.17
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,600
    SQFT
  • $394
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1950
County:

School Ratings & Info

Description

Investment Gem Near Russian River Beaches - This unique property, a short walk to river beaches and local market, offer maximum versatility. Originally a single-family home, now a beautifully adapted three-unit dwelling, it offers an array of living options. The top floor unveils a luxuriously renovated three-bedroom, two-bath retreat where the feel is all comfort and style. Below, flexibility defines the ground level with a space that can transform from a two-bedroom, two-bath setup into separate one-bedroom one-bath and studio units, perfect for vacation rentals or long-term tenants. Each unit has independent access, set within low-maintenance, picturesque grounds. Fully updated to turnkey perfection, it's an enticing proposition for those seeking to combine lifestyle with financial return, all within a coveted location. Ideal for true investors, boasting a 6.5-7% cap rate at long-term rent rates plus the ability to select your own tenants and at fair market rates. This gorgeous property also invites the option to reside upstairs while benefiting from rental income below. Beautifully renovated from top to bottom. Seize this multifaceted investment opportunity. Check out the video in the virtual tour link on the platform you're browsing.

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© 2024 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Country Estates, Inc.. Data last updated: 2024-04-21T14:43:27.767.
www.countryestatesinc.com/homes/149162915
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10661 Grays Road Forestville, CA 95436

  • Price: $1,025,000
  • Status: Active
  • On Site: 18 Days
  • ID#: 324022980
4
Beds
3
Baths
0
½ Baths
0.17
Acres
2,600
SQFT
$394
$/SQFT
1950
Built
Neighborhood:
Russian River
County:
Sonoma
Area:
Russian River
Property Description
Investment Gem Near Russian River Beaches - This unique property, a short walk to river beaches and local market, offer maximum versatility. Originally a single-family home, now a beautifully adapted three-unit dwelling, it offers an array of living options. The top floor unveils a luxuriously renovated three-bedroom, two-bath retreat where the feel is all comfort and style. Below, flexibility defines the ground level with a space that can transform from a two-bedroom, two-bath setup into separate one-bedroom one-bath and studio units, perfect for vacation rentals or long-term tenants. Each unit has independent access, set within low-maintenance, picturesque grounds. Fully updated to turnkey perfection, it's an enticing proposition for those seeking to combine lifestyle with financial return, all within a coveted location. Ideal for true investors, boasting a 6.5-7% cap rate at long-term rent rates plus the ability to select your own tenants and at fair market rates. This gorgeous property also invites the option to reside upstairs while benefiting from rental income below. Beautifully renovated from top to bottom. Seize this multifaceted investment opportunity. Check out the video in the virtual tour link on the platform you're browsing.
Exterior Features

Architectural Style Traditional Carport Spaces 0 Covered Spaces 0 Independent Parking Spaces 0 Levels Two Lot Features Corner Open Parking Spaces 7 Parking Features AttachedInterior AccessTandem Garage Parking Total 8 Roof CompositionShingle Tandem Parking Spaces 0

Interior Features

1 Bedroom Units Total 1 2 Bedroom Units Total 0 3 Bedroom Units Total 1 4 Bedroom Units Total 0 Commercial Units Total 0 Cooling DuctlessMultiUnits Heating DuctlessMultiUnits Laundry Features Varies by Unit Studio Units Total 1

Property Features

Association Fee 0 Association YN No Auction No Gross Income 92000 Property Condition Updated/Remodeled Property Sub Type Triplex Property Type ResidentialIncome Sewer Septic System Subtype Description Garden Apartments Tenant Pays Cable TVElectricityGasSewerTrash CollectionWater Water Source Public

Listing information © 2024 Bay Area Real Estate Information Services. Listing courtesy of Jennifer Peschken of HomeSmart Advantage Realty: .


© 2024 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Country Estates, Inc.. Data last updated: 2024-04-21T14:43:27.767.
 
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2280 Rockville Road
Fairfield CA, 94534