Multi Family homes for sale & real estate in 96150, CA

Multi Family Home for sale in 96150, CA:

937 3rd Street is a four-unit multifamily investment property in South Lake Tahoe featuring a diversified unit mix of one two-bedroom/one-bath apartment, three one-bedroom/one-bath apartments, and a rented commercial yard. The property's current residential rents are well below prevailing market levels, offering investors meaningful potential income upside. Three apartments are occupied on month-to-month terms, while the one-bedroom unit associated with the garage is on an annual lease. All units are individually metered, and three of the four units feature washer/dryer hookups. Built in 1949, the two-story, 2,228-square-foot building sits on approximately 0.50 acre and provides existing in

Multi Family Home for sale in 96150, CA:

Great location near the entrance to the Tahoe Campground. Nicely remodeled. Tenants pay utilities. There is extra coverage to build additional units on this half acre. Close to shopping and restaurants at the Y. Good multi family opportunity for the savvy investor.

Multi Family Home for sale in 96150, CA:

VALUE-ADD INVESTORS & CONTRACTORS: Leawood Apartments is a rare 13-unit multifamily opportunity in the heart of South Lake Tahoe with a clear, defined path to significantly higher income. Currently 8 of 13 units are rented, producing gross scheduled income of approximately $12,941/month at 62% occupancy. Stabilized pro forma income is projected at approximately $21,500/month at 92% occupancy - a potential increase of over $100,000 in annual gross income once the property reaches full operation. The path to stabilization is straightforward: the City requires 1 significant upgrade to the main building plus 3 moderate repairs/upgrades to allow full occupancy. A complete list of City-requ

Multi Family Home for sale in 96150, CA:

Welcome to 3673 Spruce Ave, a well-located South Lake Tahoe quadruplex property offering an exceptional opportunity for an owner-occupant, second-home owner, vacation property buyer, or investor. This 4-bedroom, 4-bath property offers approximately 2,792 square feet and was built in 1966, providing a versatile layout with excellent potential in one of Lake Tahoe's most sought-after destinations. Ideally situated just minutes from Heavenly Mountain Resort, Stateline casinos, and the shores of Lake Tahoe, the property places you close to year-round recreation, shopping, dining, entertainment, and outdoor adventure. Enjoy convenient access to Heavenly Village, Whole Foods Market, nearby beache