Average square foot calculated using Size range provided by listing agent.
Description
Colliers is pleased to present 673 James Ave, a rare opportunity to purchase a well-kept and fully remodeled five-plex on an oversized lot located in the beautiful South Lake Tahoe area. The property is located just ten minutes from Heavenly ski Village and Stateline Nevada. The subject property was extensively remodeled, including new electrical and plumbing throughout both buildings while keeping a beautiful South Lake Tahoe look. It is truly a turnkey asset for the next investor. The property was originally built in 1965 but after a significant remodel it has the appearance of a newly constructed community that meets the gentrification rapidly occurring in South Lake Tahoe. The building consists of one- and two-bedroom units and plenty of on-site parking. There are two, 1-bedroom/1-bathroom units, one 2-bedroom/2-bathroom unit and two 2-bedroom/2-bathroom units with fireplaces. Each unit is individually metered for gas and electricity with the owner paying for water, sewer and garbage, common area lighting and heating of the water heaters. The property comes equipped with two parking garages/storage units that are both rented for $100/each adding an additional $2, 400/ year in rental income.Show Description
MLS® Number225092159
Laundry LevelIn Common Area, Varies by Unit
Central VacNo
FireplaceNo
Acreage0.25
Exterior
GarageYes
Approx. Age1965
Basement
DrivewayAttached, Off Street, Detached, Uncovered, Garage Door Opener
Garage Spaces
HeatCentral, Wall Furnace, Hot Water, Varies by Unit
A/CCentral, Varies by Unit
Heating Fuel
Extras
Similar Listings
Get notified of price or status changes by saving this listing