$3,550,000
( $728.65Per Sq Foot )
 $20,157 est/mo Sourced by Back At You

347 Cottonwood Court,Incline Village, NV 89451

Incline Village, NV 89451

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Description

Turnkey Multi-Family Gem in Incline Village - Fully Remodeled; 5 of the units are currently rented long term!Don't miss this rare 6-unit investment in a prime low-elevation locationno HOA, One STR permit, but buyer will have to get their own. Potential for a 5.5% cap rate. Includes (1) spacious 2-bed/2.5-bath with luxury finishes, peek lake views, and large deck, (3) stylish 1-bed/1.5-baths with sleek design, peek lake views, and private decks, and (2) fully equipped studios. All units feature high-end finishes, in-unit laundry, and come mostly furnished with household itemstruly turnkey. Rent short, mid, or long term for maximum flexibility. Bonus: 4-car garage offers added income potential or storage. Comes with 20 IVGID passes, granting access to Incline's private beaches, golf courses, and rec centers. Live-in or STR the two-bedroom unit, rent the other five, and let Tahoe elevate your lifestyleand your portfolio!

Details

MLS #250050105
Listing TypeFor Sale
StyleTown House
Building NameSki and Lake Tahoe Llc
Sub-TypeResale
StatusActive
Year1973
Days On Site29
Listing Provided ByColdwell Banker Select Incline | John Eppolito

Features

SQ Feet4,872
Story(s)2
Units6
ZoningMulti-Family
Acreage0.32

Interior

HeatingElectric, Forced Air, Natural Gas
Heating Yes / NoYes
Cooling Yes / NoNo
Window FeaturesBlinds, Double Pane Windows, Window Coverings
Fireplace FeaturesFree Standing, Gas, Gas Log
Fireplace Yes / NoYes
Fireplaces Total4

Exterior

RoofComposition, Pitched
Security FeaturesCarbon Monoxide Detector(s), Keyless Entry, Smoke Detector(s)
Lot FeaturesLevel, Other
Construction MaterialsStone Veneer, Wood Siding
Road ResponsibilityPublic Maintained Road
Foundation DetailsSlab, Crawl Space
FencingBack Yard, Chain Link

Parking

Parking FeaturesAssigned, Asphalt, Lighted, On Site, Paved
Attached Garage Yes / NoNo

Utilities

UtilitiesCable Connected, Electricity Connected, Internet Connected, Natural Gas Connected, Sewer Connected, Water Connected, Cellular Coverage
SewerPublic Sewer

Market Activity 89451

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Learn More About This Property

StateNV
CountyWashoe
CityIncline Village
Zip Code89451
AreaWashoe
Community NameNorthwood 1
Listing VS Median (in Northwood 1)
Price:
$3,550,000
low | high
Med:
$3,550,000
50% of Average
SqFt:
4,872
low | high
Med:
4,872
50% of Average
$ / SqFt:
$729
low | high
Med:
$729
50% of Average
On site:
29
low | high
Med:
29.000000
100% of Average
Sourced by Back At You
Listing Updated: May 27, 2025 at 5:52:28 PM PDT
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