10661 Grays Rd Forestville, CA 95436  | Multi Family
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$1,025,000

10661 Grays Rd Forestville, CA 95436
4
Bedrooms
3
Bathrooms
7,200
sqft
1950
Year Built
Multi Family
Property Type
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About This Home

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 6.5-7% 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.

Location

10661 Grays Rd Forestville, CA 95436

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Listing Agent

Jennifer Jacobs

Jennifer Jacobs

HomeSmart Advantage

(110 reviews)
Avg Price Sold$801.5K
Years Experience23
Total Transactions711