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$1,600,000
Est. payment /mo
13 Beds
3,520 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Apt Build 5-12 Units
Listing Status Active
Purchase Type For Sale
Square Footage 3,520 sqft
Price per Sqft $454
Subdivision Bijou Park Addition
MLS Listing ID 141745
Bedrooms 13
Year Built 1961
Lot Size 4,792 Sqft
Acres 0.11
Property Sub-Type Apt Build 5-12 Units
Property Description
Centrally Located Multi-Family Investment - 11 Units on 2 Parcels, Plus 1 vacant Parcel.Value-Add Potential Investor alert! This maintained and compliant 11-unit multi-family complex features 2 two-bedroom/one-bath units and 9 one-bedroom/one-bath units, each with a private deck and access to a shared courtyard ideal for tenant enjoyment and retention.Located on two legal parcels, the sale also includes a third adjacent parcel, offering significant upside. Additional income is generated through on-site coin-operated laundry facilities. Whether you choose to sell the third parcel, hold for future development, or expand the existing complex, the options are yours.Situated in a prime central location near major bus lines, shopping, and the casinos, this property offers strong rental demand, accessibility and room for growth. Don't miss this rare opportunity to acquire a flexible, income-producing asset in a high-demand area.
Location
State CA
County El Dorado
Area Bijou 1
Interior
Heating Natural Gas, Wall or Space Heater
Cooling Natural Gas, Wall or Space Heater
Exterior
Exterior Feature Other/See Remarks
Utilities Available City Water, City Sewer
Roof Type Pitched,Composition
Building
Story Two Story
Foundation Slab
Water Natural Gas
Others
Ownership Fee Simple
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Listed by Realty World Lake Tahoe
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