4.86 Acres in Grass Valley, CA - $649,995
Separate detached building is currently rented for $1,260 a month. Home was rented for $2,500 per month. Total rental income was $3,750 per month. Annual rental income was $45,000 per year. Open spaces and privacy abound for this single level home on 4.86 Acres. Home has recently been remodeled with new Flooring, new kitchen appliances & backsplash, paint and HVAC unit. Live in the home and have the mortgage payment covered by the Barn / Warehouse income. Separate detached Barn / Warehouse building can be split into 3 rental units with a total sqft of 4,000. 1,680 sqft is currently leased for $1,260 per month (75 cents a foot). Total potential income from the Barn and Warehouse could be $3,000 per month.
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