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$ 649,950
Est. payment /mo
Active Under Contract
1129 Martin Avenue South Lake Tahoe, CA 96150
3 Beds
1,253 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 1,253 sqft
Price per Sqft $518
Subdivision Tahoe Sierra 3
MLS Listing ID 143291
Bedrooms 3
Year Built 1958
Lot Size 4,792 Sqft
Acres 0.11
Property Sub-Type Triplex
Property Description
Exceptional opportunity to own a versatile triplex in the heart of South Lake Tahoe. Ideally located just minutes from the lake, Heavenly Mountain Resort, Lake Tahoe Community College, shopping, restaurants, and countless year-round outdoor activities.Currently generating over $4000 per month in gross rental income, 1129 Martin Ave is an excellent option for an investor seeking steady cash flow. The property also offers the potential to combine the front two units into a larger single-family residence while keeping the rear unit as a guest house or income-producing unit (Buyer to verify all possibilities with the city of South Lake Tahoe)
Location
State CA
County El Dorado
Area Tahoe-Sierra
Zoning Multi-Family
Interior
Heating Wall or Space Heater
Cooling Wall or Space Heater
Laundry Other/See Remarks
Exterior
Exterior Feature Storage Shed
Garage Spaces 4.0
Utilities Available NaturalGasAvailable
Roof Type Metal
Building
Story One Story
Foundation Slab
Water Other/See Remarks
Listed by Foundation Real Estate
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Mike Phillips
Broker | License ID: CA# 01369810, NV# B.145615
+1(530) 545-1389 | mikephillips530@gmail.com