Grass Valley Homes with 3+ Houses on Lot Property Subtype

Grass Valley Homes with 3+ Houses on Lot Property Subtype

Welcome to Grass Valley, California—a charming jewel nestled in the heart of Nevada County. Known for its rich Gold Rush history, this picturesque town boasts a vibrant arts scene, stunning natural landscapes, and a welcoming community spirit. Surrounded by towering pines and rolling hills, Grass Valley offers a perfect blend of small-town charm and modern amenities, making it an ideal place to call home.

For those seeking a unique investment opportunity or a multi-generational living arrangement, Grass Valley features an array of homes with 3+ houses on a single lot. These properties are not only versatile but also provide the perfect canvas for creativity and community. Imagine the possibilities: a family compound where loved ones can live close together, an investment property that generates rental income, or even a serene retreat for artists and entrepreneurs seeking inspiration.

Each of these homes showcases the warmth and character that Grass Valley is known for, featuring a variety of architectural styles that harmonize with the natural surroundings. With ample outdoor space, residents can enjoy the beauty of California’s seasons while hosting gatherings or simply soaking in the tranquility of the area.

Living in Grass Valley means having access to a wealth of recreational opportunities, including hiking, biking, and exploring the nearby lakes and rivers. Additionally, the town is home to delightful shops, restaurants, and cultural events that foster a vibrant community life.

Discover the charm of Grass Valley and explore the potential of homes with 3+ houses on a lot—where your dreams of community living can flourish in this enchanting corner of California.

Newest Grass Valley Homes with 3+ Houses on Lot Property Subtype

$649,900
2 Beds 1 Baths 750 SqFt. 226040347 MLS
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 $5,450 per month, or $65,400 annually. A rare opportunity to own multiple income-producing homes on one property in Grass Valley! PLEASE DO NOT DISTURB THE TENANTS.

11019 Glen Meadow Drive, Grass Valley

Listing courtesy of RE/MAX Gold.

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