10661 Grays Road

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 mid-term 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. This property also invites the option to reside upstairs while benefiting from rental income below. Presently rented as mid-term rentals with actual income as follows: Top Unit: Averages $5000-5500 month. Bottom units: 1BR/1BA $1700 month and Studio $1200 month. 8% CAP rate! Seize this multifaceted investment opportunity. Check out the video in the virtual tour link on the platform you’re browsing.

Listed by: Jennifer Jacobs from HomeSmart Advantage Realty (707) 293-8009