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!
MLS # | 250050105 |
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Listing Type | For Sale |
Style | Town House |
Building Name | Ski and Lake Tahoe Llc |
Sub-Type | Resale |
Status | Active |
Year | 1973 |
Days On Site | 29 |
Listing Provided By | Coldwell Banker Select Incline | John Eppolito |
SQ Feet | 4,872 |
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Story(s) | 2 |
Units | 6 |
Zoning | Multi-Family |
Acreage | 0.32 |
Heating | Electric, Forced Air, Natural Gas |
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Heating Yes / No | Yes |
Cooling Yes / No | No |
Window Features | Blinds, Double Pane Windows, Window Coverings |
Fireplace Features | Free Standing, Gas, Gas Log |
Fireplace Yes / No | Yes |
Fireplaces Total | 4 |
Roof | Composition, Pitched |
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Security Features | Carbon Monoxide Detector(s), Keyless Entry, Smoke Detector(s) |
Lot Features | Level, Other |
Construction Materials | Stone Veneer, Wood Siding |
Road Responsibility | Public Maintained Road |
Foundation Details | Slab, Crawl Space |
Fencing | Back Yard, Chain Link |
Parking Features | Assigned, Asphalt, Lighted, On Site, Paved |
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Attached Garage Yes / No | No |
Utilities | Cable Connected, Electricity Connected, Internet Connected, Natural Gas Connected, Sewer Connected, Water Connected, Cellular Coverage |
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Sewer | Public Sewer |
State | NV |
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County | Washoe |
City | Incline Village |
Zip Code | 89451 |
Area | Washoe |
Community Name | Northwood 1 |
Listing VS Median (in Northwood 1) | |
Price: $3,550,000 low | high Med: $3,550,000 SqFt: 4,872 low | high Med: 4,872 $ / SqFt: $729 low | high Med: $729 On site: 29 low | high Med: 29.000000 |