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.
Listing Agent: William Segers Courtesy of: Recreation Realty The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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