CA > South Lake Tahoe > Tamarack 1
South Lake Tahoe, CA 96150,2165 Jean Avenue
South Lake Tahoe, CA 96150,2165 Jean Avenue
South Lake Tahoe, CA 96150,2165 Jean Avenue
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Jen Rosser

Jen Rosser

+1(775) 842-0263
$1,099,000
Est. payment /mo
7 Beds
4,116 SqFt
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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 $267

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

Excellent Cap Rate at 5.77. Will increase in October.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 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, Cable TV

Roof Type Pitched,Composition

Building

Story One Story

Foundation Concrete/Crawl Space

Water Natural Gas

Others

Ownership Fee Simple

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Listed by Compass

Learn More About LPT Realty

agent

Jen Rosser

+1(775) 842-0263

Broker Salesperson | License ID: NV BS.0145301, CA 01767283

Broker Salesperson License ID: NV BS.0145301, CA 01767283

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2165 Jean Avenue