UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,872 sqft
Price per Sqft $728
Subdivision Northwood 1
MLS Listing ID 250050105
Year Built 1973
Annual Tax Amount $7,679
Lot Size 0.321 Acres
Acres 0.32
Lot Dimensions 0.32
Property Sub-Type Multi Family
Property Description
Don't miss this rare 6-unit investment in a prime low-elevation location—no HOA, One STR permit, but buyer will have to get their own. Potential for a 5.5% cap rate.
Includes (1) spacious 2-bed/2.5-bath with luxury finishes, peek lake views, and large deck, (3) stylish 1-bed/1.5-baths with sleek design, peek lake views, and private decks, and (2) fully equipped studios. All units feature high-end finishes, in-unit laundry, and come mostly furnished with household items—truly turnkey. Rent short, mid, or long term for maximum flexibility. Bonus: 4-car garage offers added income potential or storage. Comes with 20 IVGID passes, granting access to Incline's private beaches, golf courses, and rec centers. Live-in or STR the two-bedroom unit, rent the other five, and let Tahoe elevate your lifestyle—and your portfolio!
Location
State NV
County Washoe
Community Northwood 1
Area Northwood 1
Zoning Multi-Family
Interior
Heating Electric, Forced Air, Natural Gas
Flooring Vinyl
Fireplaces Number 4
Fireplaces Type Free Standing, Gas, Gas Log
Fireplace Yes
Laundry In Unit
Exterior
Parking Features Assigned, Asphalt, Lighted, On Site, Paved
Utilities Available Cable Connected, Electricity Connected, Internet Connected, Natural Gas Connected, Sewer Connected, Water Connected, Cellular Coverage
View Y/N No
Roof Type Composition,Pitched
Garage No
Building
Lot Description Level, Other
Story 2
Foundation Slab, Crawl Space
Water Public
Structure Type Stone Veneer,Wood Siding
Others
Tax ID 124-921-22
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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