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$ 1,199,000
Est. payment /mo
Price Dropped by $51K
2165 Jean Avenue South Lake Tahoe, CA 96150
7 Beds
4,116 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Apt Build 5-12 Units
Listing Status Active
Purchase Type For Sale
Square Footage 4,116 sqft
Price per Sqft $291
Subdivision Tamarack 1
MLS Listing ID 141491
Bedrooms 7
Year Built 1958
Lot Size 0.300 Acres
Acres 0.3
Property Sub-Type Apt Build 5-12 Units
Property Description
Are you seeking an investment that delivers LONG TERM tenants? If so, continue reading about this fantastic 7 unit apartment investment opportunity. This property provides EASY living that tenants appreciate and are willing to pay for. These cozy updated, ground floor (NO STAIRS) apartments have front and back exterior spaces, on site coin laundry, 5 units have been recently remodeled.All units are rented.This property has Excellent rental income with potential of allowable increases.The pine tree laced neighborhood is quiet, and removed from the hustle, yet close to stores, restaurants, medical facilities and public transport. Great location, updated units and the current rental demand makes this an Excellent investment opportunity of a high producing asset for your portfolio. All this in Beautiful Lake Tahoe! Come take a look today!
Location
State CA
County El Dorado
Area Y Area
Interior
Heating Natural Gas, Wall or Space Heater
Cooling Natural Gas, Wall or Space Heater
Laundry Common
Exterior
Exterior Feature Storage Shed
Garage Spaces 9.0
Utilities Available NaturalGasAvailable, City Water, City Sewer, Cable TV, High Speed Internet
Roof Type Pitched,Composition
Building
Story One Story
Foundation Concrete/Crawl Space
Water Natural Gas
Others
Ownership Fee Simple
Listed by Compass