Large 950sf units with 2 bedrooms and 1.5 bathrooms, washer/dryers, private fenced back yards with separate storage sheds for each unit, ample parking and fireplaces in each unit. Separately metered for both Gas and Electric. Long-term tenants in place with potential rental income ranging from $2,350-$2,650 per unit based on Rent-O-Meter.com rental analysis (see attached Docs). 5.8% Cap Rate based on Projected rent of $2,350 & 35% Expenses. Actual 2022-2023 Income & Expenses and Rental Analysis also in attached Docs in the MLS, or upon request. Located on main public transportation route, public bike route and still just blocks from the forest and the Upper Truckee River and great mountain bike routes. For a Youtube Video go to: https://youtu.be/SqwU8_yhRbo or a 3D Virtual Tour go to: https://shorturl.at/BDI38
Property Details
Price:
$650,000
MLS #:
136892
Status:
Sold ((Jul 28, 2023))
Baths:
0
Address:
1188 Sierra Boulevard A&B
Type:
Multi Family
Subtype:
Duplex
Neighborhood:
Tahoe-Sierra
City:
South Lake Tahoe
Listed Date:
May 30, 2023
State:
CA
Finished Sq Ft:
1,904
ZIP:
96150
Lot Size:
4,792 sqft / 0.11 acres (approx)
Year Built:
1976
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Community
- Address1188 Sierra Boulevard A&B South Lake Tahoe CA
- AreaTahoe-Sierra
- CitySouth Lake Tahoe
- CountyEl Dorado
- Zip Code96150
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Courtesy of Larry Sabo of RE/MAX Gold – SLT. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the South Tahoe Association of Realtors. Detailed information about real estate listings held by brokerage firms other than Ascent Property Group include the name of the listing broker. Neither the listing company nor Ascent Property Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. South Tahoe Association of Realtors. All rights reserved. 1188 Sierra Boulevard A&B
South Lake Tahoe, CA
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