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940 Silver Dollar Ave
$1,240,000

940 Silver Dollar Ave

6,830 Sq.Ft.

Description

Amazing investment opportunity. Two 4 plex units on one over sized corner lot. Each 4 plex has 1- 3 bedroom/ 1 bath, 2-2 bedroom/ 1bath and a 1-1 bedroom one bath. One 1 bedroom recently updated and currently a 3 bedroom unit is being updated. These units are very spacious. Most units are below market rents given long term tenancy and original condition. Great location, walking distance to lake and shopping. Surrounded by upscale single family homes. The units next door were sold earlier this year and are currently being renovated. The possibilities are endless. South Lake Tahoe has restrictive regulations on new building, that is why this is an attractive opportunity

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Location

940 Silver Dollar Ave, South Lake Tahoe, CA 96150

Status

Sold
Raelene Sprague

Raelene Sprague

TITLE

Founder, Broker

Property Amenities

Interior
Laundry room Common Area
Appliances Gas Water Heater
Flooring Vinyl, Carpet, Other
Area & Lot
Lot Area 0.38 Acres
Living area 6,830 Sq.Ft.
MLS® ID 41035520
Year Built 1962
Type Commercial
Status Sold
Exterior
Air conditioning None
Heat type Wall Furnace
Sewer Public Sewer
Parking Carports - 2 Or More, Covered, Garage
Lot Features Corner Lot, Level
Roof Flat
Utilities Individual Electric Meter, Individual Gas Meter
Finance
Sales Price $1,240,000

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