Property Description

Investment Gem Near Russian River Beaches – This unique property, a short walk to river beaches and local market, offer maximum versatility. Originally a single-family home, now a beautifully adapted three-unit dwelling, it offers an array of living options. The top floor unveils a luxuriously renovated three-bedroom, two-bath retreat where the feel is all comfort and style. Below, flexibility defines the ground level with a space that can transform from a two-bedroom, two-bath setup into separate one-bedroom one-bath and studio units, perfect for vacation rentals or long-term tenants. Each unit has independent access, set within low-maintenance, picturesque grounds. Fully updated to turnkey perfection, it’s an enticing proposition for those seeking to combine lifestyle with financial return, all within a coveted location. Ideal for true investors, boasting a 6.5% cap rate at long-term rent rates plus the ability to select your own tenants and at fair market rates. This gorgeous property also invites the option to reside upstairs while benefiting from rental income below. Beautifully renovated from top to bottom. Seize this multifaceted investment opportunity. Check out the video in the virtual tour link on the platform you’re browsing.

Address Map
US
CA
Sonoma
Forestville
95436
Grays
10661
Road
0
W123° 4' 32.9''
N38° 30' 30.8''
Grays Court
HWY 116 to Gray's Road
Russian River
Features
0
0
Additional Info
Not Verified
$0
Monthly
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0
Assessor Auto-Fill

Residential For Sale

10661 Grays Road, Forestville, California 95436

3 Bedrooms
2 Bathrooms
2,600 Sqft
$1,025,000
Listing ID #324022725
Property Details
Property Title : Residential For Sale
Property Type : Residential
Listing ID : 324022725
Price : $1,025,000
View : Hills,ridge
Square Footage : 2,600 Sqft
Bedrooms : 3
Bathrooms : 2
Half Bathrooms : 0
Year Built : 1950
Lot Area : 0.17 Acre
Status : Active
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