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0.08 Acres in Auburn, CA - $485,000
Discover two charming cottages on one lot in one of Auburn's most desirable and historic neighborhoods. Cap rate at .07% - The Aeolia area is known for its vintage homes, tree-lined streets, and easy access to canyon trails, creating a highly sought-after living environment. The first home offers 1 bedroom, 1 bathroom, a spacious galley kitchen, a large partially covered front deck, a private backyard, and a detached laundry and storage building for laundry area. The second home features 2 bedrooms, 1 bathroom, its own laundry room, a full galley kitchen, a covered private rear patio, and a welcoming front porch. Both cottages are approximately 645 sq. ft. each (per appraiser) and have received substantial renovations over the past eight years. Currently occupied by reliable long-term tenants with leases in place, this property provides immediate income potential in one of Auburn's most ...
Discover two charming cottages on one lot in one of Auburn's most desirable and historic neighborhoods. Cap rate at .07% - The Aeolia area is known for its vintage homes, tree-lined streets, and easy access to canyon trails, creating a highly sought-after living environment. The first home offers 1 bedroom, 1 bathroom, a spacious galley kitchen, a large partially covered front deck, a private backyard, and a detached laundry and storage building for laundry area. The second home features 2 bedrooms, 1 bathroom, its own laundry room, a full galley kitchen, a covered private rear patio, and a welcoming front porch. Both cottages are approximately 645 sq. ft. each (per appraiser) and have received substantial renovations over the past eight years. Currently occupied by reliable long-term tenants with leases in place, this property provides immediate income potential in one of Auburn's most established neighborhoods.
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