$649,000

At a strong 7 prct cap rate and fully occupied, this turn-key Russian River triplex is the investment opportunity you've been waiting for. Tucked above the Russian River on Old Monte Rio Road, this charming triplex is privately situated out of the flood zone, with no flood insurance required, and just over a mile from Johnson's Beach. Whether you're looking for a long-term investment, vacation rental portfolio addition, or a private second home, this property checks every box. The approximately 2,600 SF triplex offers three units: a studio, a one-bedroom, and a two-bedroom, each updated with modern kitchens and bathrooms, hardwood floors, and partial river views. On-site laundry and two parking spaces round out the amenities. Start your mornings on the balcony overlooking the redwoods, or host guests on the spacious private deck. Enjoy the serenity of the forest while being just minutes from the shops, restaurants, and vibrant charm of downtown Guerneville.