$316,875
$349,000
9.2%For more information regarding the value of a property, please contact us for a free consultation.
3686 Primrose Road South Lake Tahoe, CA 96150
5 Beds
2,206 SqFt
Key Details
Sold Price $316,875
Property Type Multi-Family
Sub Type Apt Build 5-12 Units
Listing Status Sold
Purchase Type For Sale
Square Footage 2,206 sqft
Price per Sqft $143
Subdivision Pinewood Terrace
MLS Listing ID 123398
Sold Date 08/26/15
Bedrooms 5
Year Built 1970
Lot Size 5,000 Sqft
Acres 0.1148
Property Sub-Type Apt Build 5-12 Units
Property Description
Five unit apartment complex located in the Stateline area of South Lake Tahoe available for sale. The complex consists of two one bedroom apartments and three studio units and four enclosed carports. There is a basement area of unfinished space which has potential for enhanced income production as a coin-operated laundry and/or additional storage space. The complex presently produces $30,000 annual gross income with a very low vacancy factor since they are affordable units near the main source of local employment.
Location
State CA
County El Dorado
Area Stateline
Interior
Heating Natural Gas, Wall or Space Heater
Cooling Natural Gas, Wall or Space Heater
Laundry Other/See Remarks
Exterior
Utilities Available NaturalGasAvailable, Cable TV
Roof Type Pitched,Other,See Remarks
Building
Story Two Story
Foundation Basement/Unfinished
Water Natural Gas
Others
Ownership Fee Simple
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
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Bought with Chase International - South Lake Tahoe
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Broker | License ID: CA# 01369810, NV# B.145615
+1(530) 545-1389 | mikephillips530@gmail.com