Great investment property! CAP rate of 6.68%! Rentals are at a premium in Lake Tahoe. SLT City has indicated the greatest housing need in SLT is for more studios. Multi-Residential complex with 12 studio units and shared a kitchen. Located near shopping, bank & bus route. 100% occupied. 12- studio/bathroom units; Two units have fireplaces; one unit has a full kitchen with FP; shared kitchen facility on 2nd floor. Efficient radiator heat. Over $150,000 in renovations:newly painted; renovated,including dual pane windows, refinished parking area with striping, renovated interiors & more! Managed by local rental agency. Call listing agent for more information and financials.
*May not reflect current interest rates and is intended for educational/information purposes only. All figures are hypothetical and should not be relied upon in any way.
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Data Provided by South Tahoe Association of Realtors
Data Provided by:
South Tahoe Association of Realtors
This $825,000 Multi Family at 1060 Marjorie Street in South Lake Tahoe, CA is offered by Pamela Bettencourt. This $825,000 Multi Family, located in the 96150 zip code, has the following property features: MLS Area, Cable/Satellite TV, Heating System, Roof. This 1060 Marjorie Street Multi Family, located in El Dorado County , is listed under MLS listing number 122401, has 12 beds, and has a listing price of $825,000. You can find more of Pamela Bettencourt's listings by browsing Pamela Bettencourt homes for sale at HomesAndLand.com, or even more SOUTH LAKE TAHOE homes for sale here.
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