Triplex Income Property on Two
111 Covey Road Auburn, CA 95603
111 Covey Road, Auburn, CA, 95603
$869,500
For Sale
$869,500
Triplex on two acres with three separate residences, including one currently vacant and two generating rental income.
Property Size800 SF
Lot Size2.00 Acres
Price / SF$1,086
Days on Market19
Property Features for 111 Covey Road
General Information
- Standard status
- Active
- Size
- 800 SF
- Lot size
- 2.00 Acres
- Property subtype
- Multi Family
Building Details
- Year Built
- 1963
Listing agency
Century 21 Cornerstone Realty
(530) 277-3489
Listed by
Eric Lee Hatch · License #01180864
(530) 277-3489
Source
Exitrealty
Added: Jul 3 Updated: Jul 21 at 7:05AM Checked: Jul 21 at 7:05AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Cornerstone Realty
Investment Insights
Based on property information with market context.
This for-sale triplex is situated on two acres and includes three separate residences with good condition suitable for immediate rental income. The 1-bedroom, 1-bath home is currently generating $1,800 per month. The 2-bedroom, 1-bath unit is currently vacant and described with projected rental income of $2,175 per month. The 3-bedroom, 2-bath home is currently leased for $2,500 per month.
The property is set in a private setting just minutes from town, offering a degree of privacy while maintaining convenient access. It is presented as an income-producing residential income property with multiple income streams and the flexibility of having a vacant unit available for a new tenant or owner occupancy.
All three homes are described as being in good condition, supporting a turnkey approach for continued leasing and occupancy options.
The property is set in a private setting just minutes from town, offering a degree of privacy while maintaining convenient access. It is presented as an income-producing residential income property with multiple income streams and the flexibility of having a vacant unit available for a new tenant or owner occupancy.
All three homes are described as being in good condition, supporting a turnkey approach for continued leasing and occupancy options.
Key Highlights
- Triplex on 2 acres with three separate residences at 105, 111, and 115 Covey Road
- 105 Covey Road: 1‑bed, 1‑bath home currently generating $1,800/month
- 111 Covey Road: 2‑bed, 1‑bath home currently vacant with projected rental income of $2,175/month
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Triplex on two acres with three separate residences, including one currently vacant and two generating rental income.
Where is this triplex located?
The property is located at 111 Covey Road Auburn, CA.
What is the asking price?
The asking price for this property is $869,500.
What are key features of this property?
This property features: Triplex on 2 acres with three separate residences at 105, 111, and 115 Covey Road; 105 Covey Road: 1‑bed, 1‑bath home currently generating $1,800/month; 111 Covey Road: 2‑bed, 1‑bath home currently vacant with projected rental income of $2,175/month
