1129 Martin Avenue, South Lake Tahoe, CA 96150
1129 Martin Avenue, South Lake Tahoe, CA 96150
1129 Martin Avenue, South Lake Tahoe, CA 96150
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$649,950
Est. payment /mo
3 Beds
1,253 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,253 sqft

Price per Sqft $518

Subdivision Tahoe Sierra 3

MLS Listing ID 143291

Bedrooms 3

Year Built 1958

Lot Size 4,792 Sqft

Acres 0.11

Property Sub-Type Triplex

Property Description

Exceptional opportunity to own a versatile triplex in the heart of South Lake Tahoe. Ideally located just minutes from the lake, Heavenly Mountain Resort, Lake Tahoe Community College, shopping, restaurants, and countless year-round outdoor activities.Currently generating over $4000 per month in gross rental income, 1129 Martin Ave is an excellent option for an investor seeking steady cash flow. The property also offers the potential to combine the front two units into a larger single-family residence while keeping the rear unit as a guest house or income-producing unit (Buyer to verify all possibilities with the city of South Lake Tahoe)

Location

State CA

County El Dorado

Area Tahoe-Sierra

Zoning Multi-Family

Interior

Heating Wall or Space Heater

Cooling Wall or Space Heater

Laundry Other/See Remarks

Exterior

Exterior Feature Storage Shed

Garage Spaces 4.0

Utilities Available NaturalGasAvailable

Roof Type Metal

Building

Story One Story

Foundation Slab

Water Other/See Remarks


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South Tahoe MLS (STAR)
Listed by Foundation Real Estate

Nearby Locations

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1129 Martin Avenue