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$459,500
Single Family Home 3 Bedrooms 2 Full Bathrooms Interior: 1,400 sqft Lot: 7,841 sqft Year Built: 1959 MLS #: 132549
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1065 Glenwood Dr
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Presented by RE/MAX GOLD |
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1065 Glenwood Dr |
$459,500 |
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Single Family Home 3 Bedrooms 2 Full Bathrooms Interior: 1,400 sqft Lot: 7,841 sqft Year Built: 1959 MLS #: 132549
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Single Family Home for sale in South Lake Tahoe, CA
Residential property that has been leased to El Dorado County as a T-house (transitional living facility for adults with mental health). Monthly rent is $4,197.50 total $50,364. annually. Total expenses apx. $12,390. annually. Net income to owner apx. $38,000. annual. This is over an 8% cap rate. Taxes: $3,628. Insurance commercial/liability $2,500., Ins. EQ/flood $1,530., STPUD $1,200., refuse $380.,elec $240., gas $1,200., phone, tv, charter $2,280. (all expenses provided by Seller). This is a perpetual lease without a fixed term. Option to cancel: Lessor must give 60 day Notice to Lesse
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For more information contact: |
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 Equal Housing Opportunity |
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