Auburn Homes with 3+ Houses on Lot Property Subtype

Welcome to Auburn, California – a charming city nestled in the heart of Placer County, where history meets modern living amidst the breathtaking Sierra Nevada foothills. Known for its rich Gold Rush heritage, Auburn offers a unique blend of small-town charm and vibrant community spirit, making it an ideal place to call home.

Auburn boasts a diverse array of residential properties, including the enticing option of homes with three or more houses on a single lot. This property subtype is perfect for families seeking multi-generational living arrangements or investors looking to maximize rental income. Imagine the possibilities: create a family compound where loved ones can live in close proximity, or capitalize on the thriving rental market by offering multiple units to tenants in this desirable location.

The city is surrounded by stunning natural beauty, with numerous parks, hiking trails, and outdoor recreational opportunities just a stone's throw away. Whether you're exploring the historic downtown area, enjoying a weekend farmers' market, or visiting the local wineries, Auburn provides a wealth of activities for residents and visitors alike.

Auburn's strong sense of community is reflected in its numerous events and festivals, which unite neighbors and celebrate the area's rich cultural heritage. With excellent schools, a welcoming atmosphere, and a variety of amenities, Auburn is not just a place to live; it's a place to thrive.

If you're searching for a property that combines the charm of Auburn with versatile living options, consider exploring the homes with three or more houses on a lot. Here, you’ll find the perfect blend of opportunity and lifestyle in one of California’s most enchanting cities.

Newest Auburn Homes with 3+ Houses on Lot Property Subtype

$745,500

3 Beds ⋅ 2 Baths ⋅ 2,859 SqFt. ⋅ 226082733 MLS

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.

111 Covey Road, Auburn

Listing courtesy of Century 21 Cornerstone Realty.

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