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    124 Richardson Street

    Grass Valley, CA 95945
    • $689,000
    • STATUS: Pending
    • ON SITE: 13 days
    • MLS #: 221113097
    Pending
    UPDATED: 62 min ago
    $689,000
    • 0
      BEDS
    • 0.27
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1900
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    Rare two Victorian style buildings on one lot with 6 large rental units in a desirable downtown Grass Valley location. Addresses are 124, 126 and 128 Richardson. Both buildings are architecturally conforming to the area and can be restored with excellent income potential from high end units. Restore 5 carriage garage units to make added storage or off street parking. Current cap rate at 4.7%, with room to increase rental income with units in buildings as is. Old electrical has been replaced, Foundation on 4 plex redone and robust, new stairs added last year. Located in the heart of town, near the restored Holbrooke Hotel. Add these buildings to the restoration projects nearby.

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    © 2021 MetroList® MLS. All rights reserved. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data last updated 2021-09-23T06:40:17.217. MetroList® MLS Terms of Use. IDX provided by BoomTown.
    www.themacdonaldgroup.com/homes/121283265
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    124 Richardson Street Grass Valley, CA 95945

    • Price: $689,000
    • Status: Pending
    • Updated: 62 min ago
    • MLS #: 221113097
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.27
    Acres
    1900
    Built
    Neighborhood:
    Grass Valley
    County:
    Nevada
    Area:
    Grass Valley
    Elementary School:
    Grass Valley
    Middle School:
    Grass Valley
    High School:
    Nevada Joint Union
    School District:
    Nevada
    Property Description
    Rare two Victorian style buildings on one lot with 6 large rental units in a desirable downtown Grass Valley location. Addresses are 124, 126 and 128 Richardson. Both buildings are architecturally conforming to the area and can be restored with excellent income potential from high end units. Restore 5 carriage garage units to make added storage or off street parking. Current cap rate at 4.7%, with room to increase rental income with units in buildings as is. Old electrical has been replaced, Foundation on 4 plex redone and robust, new stairs added last year. Located in the heart of town, near the restored Holbrooke Hotel. Add these buildings to the restoration projects nearby.
    Exterior Features

    Architectural Style CraftsmanVictorian Carport Spaces 0 Construction Materials FrameWood Covered Spaces 0 Exterior Features Yard Space Foundation RaisedConcrete Perimeter Independent Parking Spaces 0 Levels Two Lot Features CornerSidewalk Num Of Floors 2 Num Of Guest Spaces 0 Open Parking Spaces 0 Parking Features Street Patio And Porch Features Enclosed Patio Roof ShingleComposition Tandem Parking Spaces 0 Total Parking Spaces 0 View Description Downtown

    Interior Features

    Appliances Free Standing Gas OvenFree Standing Gas RangeVaries By Unit Cooling None Flooring Simulated WoodVinylVaries By Unit Heating Gas Laundry Features Varies By Unit Num Of Rooms 0 Num Of Studio Units 0 Num Of1 Bedroom Units 6 Num Of2 Bedroom Units 0 Num Of3 Bedroom Units 0 Num Of4 Bedroom Units 0 Unit1 Approx Sq Ft 800 Unit1 Bedrooms 1 Unit1 Full Baths 1 Unit1 Partial Baths 0 Unit1 Rent 0 Unit1 Rooms 4 Unit2 Approx Sq Ft 0 Unit2 Bedrooms 0 Unit2 Full Baths 0 Unit2 Partial Baths 0 Unit2 Rent 0 Unit2 Rooms 0 Unit3 Approx Sq Ft 0 Unit3 Bedrooms 0 Unit3 Full Baths 0 Unit3 Partial Baths 0 Unit3 Rent 0 Unit3 Rooms 0 Unit4 Approx Sq Ft 0 Unit4 Bedrooms 0 Unit4 Full Baths 0 Unit4 Partial Baths 0 Unit4 Rent 0 Unit4 Rooms 0 Units Furnished None

    Property Features

    1 Bedroom Annual Occupancy 0 1 Bedroom Rent Range 800-1100 2 Bedroom Annual Occupancy 0 3 Bedroom Annual Occupancy 0 4 Bedroom Annual Occupancy 0 Accessibility Features None Association Fee 0 Association YN No Electric 220 Volts Elevation 0 Income Includes Rent Only Irrigation Public District Lease Deposit 0 Lease Term Month To Month Loading None Num Of Commercial Units 0 Operating Expense Includes Property TaxRepairsInsuranceMaintenance GroundsMaintenance Structure Property Subtype 5 Or More Units Property Type Residential Income Sewer Public Sewer Special Listing Conditions None Studio Annual Occupancy 0 Subtype Description House(S) Tenant Pays Rent Only Utilities Natural Gas Connected Water Source Public Zoning Nc-Flex

    Listing provided courtesy of Recreation Realty. Listing information © 2021 MetroList Services, Inc.


    © 2021 MetroList® MLS. All rights reserved. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data last updated 2021-09-23T06:40:17.217. MetroList® MLS Terms of Use. IDX provided by BoomTown.
     
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    The MacDonald Group at PMZ Real Estate
    1200 E. Orangeburg Ave Suite #202
    Modesto CA, 95350