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Incline Village,NV 89451
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Subdivision Northwood 1
MLS Listing ID 250050105
Year Built 1973
Annual Tax Amount $7,679
Lot Size 0.321 Acres
Property Sub-Type Multi Family
Property Description
Turnkey Multi-Family Gem in Incline Village - Fully Remodeled; 5 of the units are currently rented long term!
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
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
Building
Lot Description Level,Other
Story 2
Foundation Slab,Crawl Space
Water Public
Structure Type Stone Veneer,Wood Siding
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional