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347 Cottonwood Ct, Incline Village, NV – $1,428,000

  • $1.4M Price
  • 5,900 Sqft
  • .32 Acres
  • $1.4M Price
  • 5,900 Sqft
  • .32 Acres

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347 Cottonwood Ct

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

Essential Information

  • MLS® #190003211
  • Price$1,428,000
  • Square Footage5,900
  • Acres0.32
  • Year Built1973
  • TypeMulti-family
  • StatusActive/pending-loan

Sub-Type

Apartment Building (up To 8 Units)

Community Information

  • Address347 Cottonwood Ct
  • AreaIncline Village/N Tahoe
  • CityIncline Village
  • CountyWashoe
  • StateNV
  • Zip Code89451

Amenities

  • AmenitiesBBQ/Picnic Area
  • Parking Spaces12
  • ParkingGarage, Attached

Utilities

City/County Water, City Sewer, Electricity, Natural Gas, Internet Available, Cellular Coverage Avail

Features

Balcony, Drapes/Curtains, Garage Door Opener, Loft, Vaulted Cathedral Ceiling, Varies Per Unit

Interior

  • AppliancesVaries Per Unit
  • Stories2 Story

Exterior

  • ExteriorWood Siding
  • WindowsDouble Pane
  • RoofComposition/Shingle, Pitched
  • ConstructionWood Frame

Foundation

Concrete/Crawl Space, Concrete Slab

Additional Information

  • Date ListedMarch 11th, 2019
  • ZoningMDU

Listing Details

  • OfficeEngel & Volkers Lake Tahoe
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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. Real estate listings held by brokerage firms other than Dickson 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 broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.

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Listing information last updated on April 21st, 2019 at 5:26pm PDT.