347 Cottonwood Ct

    Incline Village, NV 89451
    • $1,400,000
    • STATUS: Closed
    • ON SITE: 69 days
    • MLS #: 190003211
    Sold - 05/24/2019
    $1,400,000
    SOLD - 05/24/2019
    • 0
      BEDS
    • 0.32
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,900
      SQFT
    • $237
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1973
    County:

    School Ratings & Info

    Description

    Public Remarks: Rare opportunity to own a 6-Plex in Lake Tahoe, NV. This complex is in excellent condition comprised of: one 2 bedroom unit "The Owner's Unit" (1800' at $2250/mo), three 1 bedroom units (3 x 1000' at $1450/mo), and two nonconforming studios (2 x $1150/mo). The structure has a newer roof (2013) and it has been recently painted. A new common water heater was installed in 2018. This investment is fully leased and has a net operating income of $82,642. Bring your 1031 buyers. This opportunity is

    Monthly Payment Calculator

    © 2019 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or Marshall Realty. Real estate listings held by brokerage firms other than Marshall Realty are marked with the BROKER RECIPROCITY logo or the BROKER RECIPROCITY thumbnail logo and detailed information about them includes the name of the listing brokerage. The data relating to real estate for sale on this web site comes in part from the BROKER RECIPROCITY Program of the Northern Nevada Regional MLS and is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2019-05-25T14:19:41.643.
    www.marshallrealtyteam.com/homes/92766729

    347 Cottonwood Ct Incline Village, NV 89451

    • Price: $1,428,000
    • Status: Closed
    • Updated: 35 min ago
    • MLS #: 190003211
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.32
    Acres
    5,900
    SQFT
    $237
    $/SQFT
    1973
    Built
    Neighborhood:
    Incline Village/N Tahoe
    County:
    Washoe
    Area:
    Incline Village/N Tahoe
    Property Description
    Public Remarks: Rare opportunity to own a 6-Plex in Lake Tahoe, NV. This complex is in excellent condition comprised of: one 2 bedroom unit "The Owner's Unit" (1800' at $2250/mo), three 1 bedroom units (3 x 1000' at $1450/mo), and two nonconforming studios (2 x $1150/mo). The structure has a newer roof (2013) and it has been recently painted. A new common water heater was installed in 2018. This investment is fully leased and has a net operating income of $82,642. Bring your 1031 buyers. This opportunity is
    Exterior Features

    Construction Wood Frame Exterior Wood Siding Fenced Partial Foundation Concrete/Crawl SpaceConcrete Slab Landscaped Partially Landscaped Parking Capacity 12 Parking Types GarageAttached Roof Composition/ShinglePitched Sprinklers None

    Interior Features

    1 Bedroom Baths 1 1 Bedroom Sq Ft 1000 2 Bedroom Baths 2 2 Bedroom Sq Ft 1800 3 Bedroom Baths 0 3 Bedroom Sq Ft 0 4 Bedroom Baths 0 4 Bedroom Sq Ft 0 Appliances Varies Per Unit Flooring Ceramic TileCarpetVinyl Tile Heating Cooling Natural GasForced Air Laundry Varies Per Unit Manager Unit Baths 0 Manager Unit Bedrooms 0 Manager Unit Sq Ft 0 Stories 2 Story Studio Baths 1 Studio Sq Ft 550 Unit Features BalconyDrapes/CurtainsGarage Door OpenerLoftVaulted Cathedral CeilingVaries Per Unit Water Heater Natural Gas Windows Double Pane

    Property Features

    1 Bedroom Avg Rent Per Unit 1450 1 Bedroom Units 3 2 Bedroom Avg Rent Per Unit 2250 2 Bedroom Units 1 3 Bedroom Avg Rent Per Unit 0 3 Bedroom Units 0 4 Bedroom Avg Rent Per Unit 0 4 Bedroom Units 0 Access Public Annual Debt Service 0 Annual Expenses 24158 Annual Income And Expenses Actual Annual Vacancy 0 Common Features Bbq/Picnic Area Documents On File Financial StatementsRental/Leases Down Payment Assistance No Facility Features Separated Meters-GasSeparate Meters-ElectricCentral Water HeatersTenant Pays Utilities Green Feature Double Pane Windows Green Features None Gross Scheduled Income 106800 Multifamily Type Apartment Building (Up To 8 Unit Net Operating Income 82642 Owners May Sell Exchange 1031Cash Special Condition Of Sale None Studio Avg Rent Per Unit 1150 Studio Units 2 Utilities City/County WaterCity SewerElectricityNatural GasInternet AvailableCellular Coverage Avail Zoning Actual Mdu

    © 2019 Northern Nevada Regional MLS. All rights reserved.
    Listing provided courtesy of Engel & Volkers Lake Tahoe.

    © 2019 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or Marshall Realty. Real estate listings held by brokerage firms other than Marshall Realty are marked with the BROKER RECIPROCITY logo or the BROKER RECIPROCITY thumbnail logo and detailed information about them includes the name of the listing brokerage. The data relating to real estate for sale on this web site comes in part from the BROKER RECIPROCITY Program of the Northern Nevada Regional MLS and is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2019-05-25T14:19:41.643.
     
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