3686 Primrose Road, South Lake Tahoe, CA 96150
3686 Primrose Road, South Lake Tahoe, CA 96150
3686 Primrose Road, South Lake Tahoe, CA 96150
3686 Primrose Road, South Lake Tahoe, CA 96150
3686 Primrose Road, South Lake Tahoe, CA 96150
3686 Primrose Road, South Lake Tahoe, CA 96150
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Lisa Valentine

Lisa Valentine

+1(775) 292-0809
$ 688,000
Est. payment | /mo

5 Beds

2,206 SqFt

Save Virtual Tour
$ 688,000
Est. payment | /mo
Save Virtual Tour

5 Beds

2,206 SqFt

Key Details

Property Type Multi-Family

Sub Type Apt Build 5-12 Units

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 2,206 sqft

Price per Sqft $311

Subdivision Unavail

MLS Listing ID 143119

Bedrooms 5

Year Built 1970

Lot Size 5,000 Sqft

Acres 0.1148

Property Sub-Type Apt Build 5-12 Units

Property Description

Five-unit multifamily in the centrally located Stateline area of South Lake Tahoe. Ideally located within walking distance of the bus route, Heavenly Village, casinos, restaurants, shopping, and one of the area's largest employment centers, the property benefits from a consistently strong rental market and a historically low vacancy rate.The property consists of two one-bedroom, one-bath units and three studio apartments, all of which are currently tenant occupied. Covered parking is available for four of the units, a valuable amenity that adds convenience for tenants year-round.Additional features include a spacious basement/storage area that provides ample room for owner storage, maintenance supplies, or potential future utility. With its prime location, rental history, and desirable unit mix, this is an excellent opportunity for investors seeking an investment in one of South Lake Tahoe's strongest rental corridors. Whether you're looking to expand your investment portfolio or acquire a well-positioned income property, 3686 Primrose Road is a property that deserves strong consideration.

Location

State CA

County El Dorado

Area Stateline

Interior

Heating Natural Gas, Wall or Space Heater

Cooling Natural Gas, Wall or Space Heater

Exterior

Garage Spaces 6.0

Utilities Available NaturalGasAvailable, Cable TV, Telephone

Roof Type Pitched,Composition

Building

Story Two Story

Foundation Slab, Basement/Unfinished

Water Natural Gas

Others

Virtual Tour https://tours.2view.com/mediaoneclick/18286/gallery/&contact=none

South Tahoe MLS (STAR)
Listed by Chase International - South Lake Tahoe

NEARBY SCHOOLS & PROPERTIES

Lisa Valentine

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(775) 292-0809

lisa@tahoereo.com

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3686 Primrose Road