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$749,000
Est. payment /mo
4 Beds
2,484 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,484 sqft
Price per Sqft $301
Subdivision Bijou Park
MLS Listing ID 143286
Bedrooms 4
Year Built 1965
Lot Size 10,019 Sqft
Acres 0.23
Property Sub-Type Duplex
Property Description
Rare opportunity to own a versatile duplex on a fenced double lot in the heart of South Lake Tahoe! Whether you're looking for a strong investment property, a multi-generational living arrangement, or the perfect opportunity to live in one unit while generating rental income from the other, this property offers exceptional flexibility and future potential. Each spacious unit features 2 bedrooms, 1.5 bathrooms, in-unit laundry, forced air heating, an attached one-car garage, and a large private balcony, creating comfortable living spaces that appeal to both long-term tenants and owner-occupants. Unit 1 has been a dependable long-term rental, while Unit 2 has been carefully maintained by the family and is in excellent condition, making it move-in ready. Adding even more value, the second lot is buildable and presents an outstanding opportunity for future development of possibly an additional multi-family residence, offering tremendous upside for investors and developers alike (buyer to verify development potential with local agencies). Perfectly located just minutes from Heavenly Ski Resort, the crystal-clear waters of Lake Tahoe, shopping, restaurants, hiking and biking trails, casinos, and year-round recreation, this property combines an unbeatable location with income potential and future development opportunities. Whether you're expanding your real estate portfolio or searching for a property that can grow with your needs, this is a rare chance to own a high-demand Tahoe duplex with room for even greater possibilities.
Location
State CA
County El Dorado
Area Bijou 1
Interior
Heating Forced Air
Cooling Forced Air
Laundry In Unit
Exterior
Garage Spaces 2.0
Utilities Available NaturalGasAvailable, Cable TV, Water Meter
Roof Type Pitched,Composition
Building
Story Two Story
Foundation Concrete/Crawl Space
Water Natural Gas
Others
Ownership Fee Simple
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Listed by Realty World Lake Tahoe
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