111 Covey Road Auburn, CA 95603
Listing Courtesy of: MLS LogoMetrolist / Listed By: Eric Hatch, Century 21 Cornerstone Realty

  111 Covey Road Auburn, CA 95603

Active (14 Days)
$869,500 (USD)

Description

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.

MLS #:
226083309
Lot Size
2.1 acres
Type
Multifamily
Year Built
1963
School District
Ackerman Elementary,Placer Union High
County
Placer County

Listed By

Eric Hatch, DRE #01180864 CA, Century 21 Cornerstone Realty
Source
Metrolist
Last checked Jul 14 2026 at 11:09 AM GMT+0000
Bathroom Details
Lot Information
  • Private
Property Features
  • Rolling
  • Foundation: Raised
Heating and Cooling
  • Central
Flooring
  • Carpet
  • Linoleum
Exterior Features
  • Wood
  • Roof: Composition
Utility Information
  • Utilities: Electric
  • Sewer: Septic System
Garage
  • Off Street
Parking
  • Off Street
Stories
  • 1
Location
   
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