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Covey Road

Auburn, CA 95603
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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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $869,500

AD Id : 87434143

MLS Id : 226083309

Living Area Size : 2,859

Year Built : 1963

County : Placer

  • Map Map

Map

Feature Features

  • Water/Sewer

    Sewer: Septic System
  • Flooring Information

    Carpet, Linoleum
  • Roofing Information

    Composition
  • Interior Features

    Roof: Composition Laundry Features: Varies by Unit
  • Heating & Cooling

    Heating: Central Cooling: Central WaterSource: Public

  • Building Information

    Year Built: 1963 Stories: 1 Construction Materials: Wood Roof: Composition Foundation Details: Raised
  • Exterior Features

    Foundation Details: Raised
  • Laundry Features

    Varies by Unit

  • Lot Information

    Lot Description: Private Lot Square Feet: 91,476 Stories: 1 Main Square Feet: 2,859 Topography: Rolling

    Property Information

    Property Type: Residential Income Sub Type: Triplex SQ ft (Living Area): 2,859 Construction Materials: Wood Property Age: 63 Cross Street: Lincoln Way Source Neighborhood: 12301 Postal Code Plus 4: 3243 Area: Auburn S: 95603 Zoning: Res Living Area Source: Assessor Auto-Fill Structure Type: House(s)

    Farm Info

    Irrigation Source: None

  • Listing Price Information

    Listing Id: 226083309 List Price: $869,500 List Price Tot SqFt: $304

  • Tax Information

    Parcel Number: 053-050-017-000

  • Parking Information

    Parking Total: 6 Off Street

  • Elementary School District: Ackerman Elementary
    Junior High School District: Ackerman Elementary
    Senior High School District: Placer Union High
  • Utility Information

    Electric
  • Location Information

    Direction: 80,Bowman Exit,Left On Lincoln Way To Covey To Property.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
270 Carriage Lane, Auburn, CA, 95603 $579,000 -- -- 1,508 1,508 SqFt
199 Crutcher Court, Auburn, CA, 95603 $549,000 -- -- --
E Hillcrest Drive, Auburn, CA, 95603 $725,000 -- -- 2,340 2,340 SqFt
189 E Hillcrest Drive, Auburn, CA, 95603 $645,000 -- -- 1,800 1,800 SqFt
E Hillcrest Drive, Auburn, CA, 95603 $590,000 -- -- 1,800 1,800 SqFt
Live Oak Way, Auburn, CA, 95603 $970,000 -- -- 2,856 2,856 SqFt
Huntley Avenue, Auburn, CA, 95603 $1,495,000 -- -- 4,450 4,450 SqFt
Swenson Court, Auburn, CA, 95603 $869,000 -- -- 2,626 2,626 SqFt
113 Electric Street, Auburn, CA, 95603 $565,000 -- -- 1,840 1,840 SqFt
Reba Road, Auburn, CA, 95603 $750,000 -- -- 2,452 2,452 SqFt

ByOwner last updated this listing 07/04/2026 @ 04:07

MLS: 226083309 LISTED BY: Eric Hatch, Century 21 Cornerstone Realty SOURCE: MLS Metrolist

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