Bonus loft spaceModernized kitchensCompact dirt drivewayNew double-pane windows
This expansive 11,531 square foot lot, zoned for multi-family use, offers incredible potential and numerous opportunities. Situated in a desirable neighborhood, it's just a short drive from Heavenly Ski Resort, shopping centers, and public transportation.The two existing cabins have been thoughtfully updated, featuring new double-pane windows, flooring, carpeting, and modernized kitchens and bathrooms. Unit 1 boasts a spacious 1-bedroom, 1-bathroom layout, currently rented for $1,650. Unit 2, also a 1-bedroom, 1-bathroom unit, comes with a bonus loft space and in-unit washer/dryer, and is rented at $1,500. The property has a single water and sewer bill, while each unit has its own electric meter for separate billing.A land survey conducted in 2006 indicates 5,975 square feet of existing land coverage, which includes a compact dirt driveway. The property also comes with additional allocation and a Residential Unit of Use (RUU), allowing the new owner the option to demolish the current structures and construct large townhouse-style duplexes. Alternatively, the seller has plans in place to maintain Unit 2 as an Accessory Dwelling Unit (ADU) while building a sizable single-family home.This property is brimming with potential, presenting various options to transform it into a fantastic family residence or a lucrative investment opportunity in the heart of South Lake Tahoe!
96 days
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1,219
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44
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Zillow last checked:
Listing updated:
Listed by:
Jordyn R Dobson530-318-5441jordyn.dobson@cbselectre.com,
Coldwell Banker Select - LTB,
Mark Dobson530-400-6275,
Coldwell Banker Select - LTB
Source: STAOR,MLS#: 142709Originating MLS: South Tahoe Association of Realtors
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 2
Bathrooms: 2
Heating
Electric, Wall or Space Heater
Cooling
Other
Appliances
Included: Electric Water Heater
Laundry: In Unit
Features
1st Unit: 1 Bed - 1 Bath, 2nd Unit: 1 Bed - 1 Bath
Windows: Double Pane Windows, Vinyl Frame
Has basement: No
Interior area
Total structure area: 670
Total interior livable area: 670 sqft
Property
Features
Levels: One,Two
Stories: 1
Exterior features: Other/See Remarks
Lot
Size: 0.26 Acres
Details
Additional structures: Storage Shed
Parcel number: 025223006000
Construction
Type & style
Home type: MultiFamily
Property subtype: Duplex
Materials
Wood Frame, Wood Siding
Foundation: Pillar/Post/Pier
Roof: Composition,Metal
Condition
Year built: 1959
Utilities & green energy
Water: Water Meter
Utilities for property: Natural Gas Available, Cable Connected
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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