At a strong 7% cap rate and fully occupied, this turn-key Russian River triplex is a standout investment opportunity. Perched above the river on Old Monte Rio Road, the property is privately situated outside the flood zone—no flood insurance required—and just over a mile from Johnson’s Beach. The approximately 2,600 SF triplex includes three updated units: a studio, a one-bedroom, and a two-bedroom, all featuring modern kitchens and baths, hardwood floors, and partial river views. Amenities include on-site laundry and two parking spaces. Ideal as a long-term investment, vacation rental, or private retreat, the property also offers a spacious deck and balcony surrounded by redwoods, all just minutes from the shops, dining, and charm of downtown Guerneville.