Prime investment opportunity located on Ski Run Blvd in South Lake Tahoe. Ideal for a 1031 exchange or passive income investor. This four-unit multiplex consists of four 1-bedroom, 1-bath units and is conveniently located within a 5 minute drive to Heavenly Ski Resort, as well as nearby casinos, hotels, restaurants,… Read More and retail centers along the CaliforniaNevada border. The property is situated in a desirable area for local employees and is also popular with seasonal workers during both the summer Tahoe season and the winter ski season.This solid income producing property is currently fully occupied and offers an attractive cap rate. Read Less
Courtesy of KW Bay Area Estates, Junho Kim 408-781-2089
Listing Snapshot
Days Online
3
Last Updated
Property Type
Fourplex
Square Ft.
3,010
Lot Size
0.11 Acres
Year Built
1971
MLS Number
ML82029592
Additional Details
Lot
Max Area: 4792.00, Max Area Units: Square Feet
Unit One
1 bedroom in unit 1, Unit 1 rent: $1,650
Unit Two
1 bedroom in unit 2, Unit 2 rent: $1,550
Unit Three
1 bedroom in unit 3, Unit 3 rent: $1,500
Unit Four
1 bedroom in unit 4, Unit 4 rent: $1,500
Accessibility Features
Parking
Building
Built in 1971, 4 building units, 1 building, 3,010 structure square feet
Roof
Shingle
Utilities
Public Utilities
Sewer
Community Sewer / Septic
Security Features
None
Heating
Gas
Cooling
None
Foundation
Other
Water Features
Public
Parking
4 parking spaces
Miscellaneous
Vacancy factor: 3
Tenant Pays
Utilities - Electric, Utilities - Gas
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