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18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo
18527 Cherry Creek Rd, Grass Valley, CA 95949 Photo

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18527 Cherry Creek Rd
Grass Valley, CA 95949
$589,000
5 Beds | 5 Baths | 3000 sqft | 0.66 Acreage

Do not disturb tenants. Incredible investment opportunity in a prime location. This unique income property features four detached homes on a single lot, providing an immediate cash flow from day one. It is an investor dream come true, especially with reliable tenants already in place who would love to stay. To make your transition seamless, Mountain Valley Property Management is already managing the rentals and can easily continue overseeing the property for the new owner. The property includes four distinct units, each offering unique features and privacy. Unit one, located at 18535, is a spacious three bedroom, two bathroom home that was tastefully updated just a few years ago. It features a fully fenced yard and a lovely garden space, along with ample parking for multiple vehicles and dedicated room for an RV. This house currently rents for $1,995 per month. Unit two, located at 18565, is a charming two bedroom, one bathroom home featuring a bright, open concept layout with high ceilings in the living room. It also includes its own private side yard and a covered porch. Unit three is a well designed studio that includes a functional office space, a loft, a full bathroom, a cozy living room, and a small kitchen. This unit enjoys a generous, nicely sized fenced yard. Unit four is another efficient studio layout, offering an office space, a small living room, a full kitchen, and its own private fenced yard. The entire property offers plenty of uncovered open parking spots allocated for each unit. Situated right off Highway 49, the location is unbeatable for convenience. Commuters will love the quick freeway access, making it a short drive to either downtown Grass Valley or Auburn. Residents are just minutes away from essential amenities, including Target, local shopping, and the nearby hospital. For outdoor enthusiasts, the property offers easy access to the beautiful local rivers and lakes, making this a highly desirable rental location for long term tenants. This turnkey multi unit property offers rare stability and excellent upside in a fantastic Sierra foothills location. It is being sold with tenants in place and subject to tenant rights.

Listed By / Presented By

Listed By

Agency Name: Real Broker Technologies
Agent Name: Sierra Player
Agency Phone: 619-663-8680

Presented By

Agency Title: Chase International Real Estate
Agency Phone: 775.588.6130

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Contact a Chase Agent for More Information

Property Details

Property Type: Multi Unit - Multiple
Basement: None
Cooling: See Remarks
Heating: Wall Furnace
Home Style: Bungalow
Lot Size: 0.66 Acres
Roof Type: Composition
Stories: 1.0
MLS ID: 226076251

Feature Descriptions

Accessibility: 0
Appliances: Free Standing Gas Range, Free Standing Refrigerator
Days on Site: 5
Equipment: Varies by Unit
Exterior: Wood
Flooring: Carpet, Vinyl, Linoleum
Laundry: Other
Laundry Features: Other
Lot: Shape Irregular
Other Equipment: Varies by Unit
Parcel#: 056-110-010-000
Parking: Uncovered
Patio/Porch: See Remarks
Sewer: Septic System
Topography: Level, Trees Few
Units: 4
Utilities: Electric, Internet Available, Propane
Water: Well
Window: Dual Pane Partial

Amenities

Dog Run

Schools

High School: Nevada Joint Union
Middle School: Grass Valley
Elementary School: Grass Valley

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Demographics

Estimate My Payments

  • Estimated Payment
    $1,482.65
  • Principal & Interest
    $1,310.86
  • Property Tax
    $0.00 (data not provided by mls)
  • Homeowner's Insurance
    $171.79
(Payments are an estimate and may vary by lender)

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