3581 Bill Avenue South Lake Tahoe CA 96150 MLS #141255

Newly Remodeled Triplex – Investment Opportunity in South Lake Tahoe. 3581 Bill Ave presents an opportunity to own a remodeled, vacant triplex in one of South Lake Tahoe’s most sought-after locations.Just a short walk to Lake Tahoe, Whole Foods, and restaurants, this property is perfect for an investor or owner-occupant looking to start fresh with new tenants in a modernized space. The backyard looks down on the Whole Foods parking lot, with trail access both to the Lake, and through the surround Bijou forest areas. We’ve decided to keep these units vacant for now, to incentivize a new owner to create and manage their own leases. Our pro forma gross income is projected at $102,000/yr / $8500/m. This is broken down into: Unit 1 $2750 | Unit 2 $3000 | Unit 3 $2750. Each of the three units has been thoughtfully updated with contemporary finishes, including brand-new kitchens, all new appliances, updated flooring, fresh paint, modern lighting, new gas fireplaces, and remodeled bathrooms. Located just minutes from Heavenly Ski Resort, Stateline entertainment, and the best beaches in Tahoe, this triplex offers the perfect blend of investment potential and lifestyle appeal. Whether you’re looking for long-term rentals, or a house-hacking opportunity, this is a turn-key property ready for immediate income. Limited photos as we are finishing a few details on the property, in person tours are available, with a complete photo package coming later this month.Opportunities like this don’t come often in Tahoereach out today for more details or to schedule a private tour.