House 1

3 bed 1 full bath + 2 half-baths

House 2

Gutted except bathroom (see pics below), but permitted for

1 beds & 1 bath

The main house, while very dirty & unfinished, has beautiful custom cabinets throughout.  The second house was gutted to be a drying room.  Clean up and finish out the big house and start collecting rent while you fix up the second house.

Estimating future value is certainly tricky in this market.  This link will take you to a neighbor’s house that sold on September 27th.  This was for a single residence brand new manufactured home. https://www.realtor.com/realestateandhomes-detail/11281-Shire-Ct_Grass-Valley_CA_95949_M21891-74727

Grass Valley does not have many fully permitted multi-door parcels, don’t wait to call because someone is gonna luck out with this one.

*All financial estimates, are just that, estimates.  The burden is fully on the buyer to do their own due diligence to forecast the cost of repairs, as well as project the value after renovations are complete.