111 Covey Road, Auburn, CA 95603
- $869,500
- 3
- BD
- 2
- BA
- 2,859
- SqFt
- List Price
- $869,500
- MLS#
- 226082733
- Status
- ACTIVE
- Bedrooms
- 3
- Bathrooms
- 2
- Living Sq. Ft
- 2,859
- Square Footage
- 2859
- Type
- Single Family Residential
- Zip
- 95603
- City
- Auburn
Property Description
Unlock the potential of this rare income-producing property featuring a triplex on two acres, tucked away in a peaceful, private setting just minutes from town. Whether you're looking to expand your investment portfolio, offset your mortgage by living in one home while renting the others, or create a multi-generational living opportunity, this property offers exceptional flexibility. The property has a proven history of consistent rental income and includes: 105 Covey Road - A charming 1-bedroom, 1-bath home currently generating $1,800 per month. 111 Covey Road - A 2-bedroom, 1-bath home with projected rental income of $2,175 per month, currently vacant and ready for a new tenant or owner occupancy. 115 Covey Road - A spacious 3-bedroom, 2-bath home currently leased for $2,500 per month. All three residences are in good condition, offering immediate income potential with minimal upfront work. The current rental configuration produces strong cash flow while still providing the flexibility to occupy the vacant home yourself, making it an ideal opportunity for both investors and owner-occupants. Properties like this are difficult to find with a private setting, multiple income streams, and the versatility to fit a variety of investment strategies. Whether you're seeking dependable passive income or a property that helps pay for itself, this is an opportunity you won't want to miss.
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Additional Information
- Land Area (Acres)
- 2.1
- Year Built
- 1963
- Subtype
- 3+ Houses on Lot
- Subtype Description
- Detached
- Style
- Ranch, Contemporary
- Construction
- Frame, Wood
- Foundation
- Raised, Slab
- Stories
- 1
- Garage
- Uncovered Parking Space, Uncovered Parking Spaces 2+
- Baths Other
- Tub w/Shower Over, Window
- Floor Coverings
- Carpet, Linoleum, Vinyl
- Laundry Description
- Inside Area
- Dining Description
- Dining/Family Combo, Space in Kitchen
- Kitchen Description
- Ceramic Counter
- Kitchen Appliances
- Built-In Electric Range, Free Standing Refrigerator
- Number of Fireplaces
- 1
- Fireplace Description
- Family Room
- Road Description
- Asphalt
- Horses
- Yes
- Horse Amenities
- Hay Storage
- Cooling
- Central
- Heat
- Central
- Water
- Public
- Utilities
- Propane Tank Leased
- Sewer
- Septic System
Mortgage Calculator
Listing courtesy of Century 21 Cornerstone Realty.
All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Copyright 2026 MetroList Services, Inc. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of MetroList® MLS. All information has been provided by seller/other sources and has not been verified by broker. All interested persons should independently verify the accuracy of all information. Last updated .