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$869,500 (USD)
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Auburn Area Single Family Home

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111 Covey Road Auburn, CA 95603

3 Bed
2 Baths
2859 sqft
MLS# 226082733
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.
Listing Courtesy of Metrolist / Listed By: Eric Hatch, Century 21 Cornerstone Realty
$860,000 (USD)
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Fair Oaks Area Single Family Home

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5304 Flyway Drive Fair Oaks, CA 95628

4 Bed
3 Baths
3004 sqft
MLS# 226099622
Beautifully updated Fair Oaks home with over 3000 square feet, 4 bedrooms, 3 bathrooms, and a floor plan designed for the way you actually live! Updated HVAC, Flooring, Cabinetry and so much more!! Step inside to bright, open living spaces and a kitchen made for gathering, featuring upgraded built-in stainless-steel appliances, a custom range hood, generous counter space, and a peninsula perfect for morning coffee or catching up while dinner is cooking. The kitchen flows effortlessly into the main living area, where a cozy fireplace sets the scene for movie nights, entertaining, or simply relaxing at home. And when it comes to space, this home delivers. With three separate living areas, there's room for a home office, gym, playroom, media room or whatever fits your lifestyle. The spacious primary bath offers its own retreat with a jetted tub, double vanity, and walk-in shower. Outside, the private backyard and covered patio are ready for weekend BBQs, summer evenings around a fire, or slow Sunday mornings in the California sunshine. But one of the best parts might just be what's waiting beyond the front door. You're a short walk to Little Phoenix Park and minutes from pickleball and tennis courts, dog parks, bike parks, and miles of trails along the American River Parkway. Then there's Fair Oaks Village, with locally owned restaurants, cozy cafes, farmers markets, live music, community events, and that small-town charm that makes Fair Oaks feel like one of Sacramento's best-kept secrets. Motivated Sellers!
Listing Courtesy of Metrolist / Listed By: Jordan Triveri, Century 21 Select Real Estate, Inc.