Pamela Bettencourt

Search more homes for sale at: Homes & Land of Lake Tahoe/South & East

MLS # 122401
Listing ID # 27999045
Price: $825,000
Bedrooms: 12 BR
Approx. Lot Size: 0.27 Acres
4,332 Sq. Ft.
Year Built: 1966

Property Type: Multi Family
   1060 Marjorie Street
   South Lake Tahoe, CA 96150

County: El Dorado
Real Estate for Sale, ListingId:27999045, location: 1060 Marjorie Street South Lake Tahoe 96150
Great investment property! CAP rate of 6.68%! Rentals are at a premium in Lake Tahoe. SLT City has indicated the greatest housing need in SLT is for more studios. Multi-Residential complex with 12 studio units and shared a kitchen. Located near shopping, bank & bus route. 100% occupied. 12- studio/bathroom units; Two units have fireplaces; one unit has a full kitchen with FP; shared kitchen facility on 2nd floor. Efficient radiator heat. Over $150,000 in renovations:newly painted; renovated,including dual pane windows, refinished parking area with striping, renovated interiors & more! Managed by local rental agency. Call listing agent for more information and financials.

Offered by Pamela Bettencourt of Coldwell Banker McKinney & Associates View Phone Number (530) 318-3349 .

As seen in...
Homes & Land of Lake Tahoe/South & East, Vol. 34, Issue 05, Page 35.
Request a free magazine here, or call 1-800-277-7800.

Additional Features

  • Building Features
    • Cable/Satellite TV: Cable TV
    • Heating System: Fireplace Heating
    • Roof: Composition Roof
  • Interior Features
    • Fireplace: Fireplace Heating
  • Legal/Financial
    • Taxes: 2871.0000
  • Location
    • MLS Area: Tahoe-Sierra
  • Lot Features
    • Sewer Utilities: City Sewer
    • Water Utilities: City Water