$1,000,000

111 Covey Rd, Auburn, CA 95603

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3 bd · 2.0 ba · 2,859 sqft · $350/sqft · 2.10 acres

Residential · 3+ Houses on Lot · Built 1963 · 108 days on Properkey

Description

Owner will finance- 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.

Agent & source

Listed by
Eric Lee Hatch
Brokerage
Century 21 Cornerstone Realty
DRE
#01180864
MLS # 226082733 Source MetroList Services

Property details

Rooms & Layout

Levels
1 story
Bedrooms
3
Bathrooms
2.0 (2 full)
Kitchen
Ceramic Counter
Dining
Dining/Family Combo, Space in Kitchen
Other Bathrooms
Tub w/Shower Over, Window
Laundry
Inside Area

Property Features

Lot features
Shape Irregular
Horse amenities
Hay Storage
Road
Asphalt
Topography
Rolling

Building & Construction

Architectural Style
Ranch, Contemporary
Construction Materials
Frame, Wood
Roof
Composition
Foundation
Raised, Slab

Exterior & Parking

Parking
Uncovered Parking Space, Uncovered Parking Spaces 2+
Other Structures
Workshop

Interior & Comfort

Heating
Central
Cooling
Central
Flooring
Carpet, Linoleum, Vinyl
Fireplace
1 (Family Room)

Appliances & Equipment

Built-In Electric Range, Free Standing Refrigerator

Utilities

Water Source
Public
Sewer
Septic System
Electric
220 Volts
Propane Tank Leased

Nearby

Active Pending Closed Rental
Elementary
Auburn Union District
Middle
Auburn Union District
High
Placer Union High District

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  1. 1.Share your offer details. Tell us about your desired offer — it's just a starting point, nothing is final!
  2. 2.Get expert guidance. A Properkey agent will reach out to discuss a game plan.
  3. 3.Finalize your offer. Your agent will prepare your offer and negotiate on your behalf.

All data, photos, visualizations, and information regarding a property, including the property's compliance with state and local legal requirements and all measurements and calculations of area, have been obtained from various sources, and may include such material that has been generated by use of artificial intelligence. Such information and material have not been and will not be verified for accuracy by the listing broker or the multiple listing service, and are not guaranteed as complete, accurate or reliable.

Such information and material should be independently reviewed and verified for accuracy. This information and material are intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data last updated: October 17, 2026 7:49 AM PT
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