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1065 Glenwood Dr
South Lake Tahoe, CA 96150

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RE/MAX GOLD

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 RE/MAX GOLD
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Sold
$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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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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1065 Glenwood Dr

South Lake Tahoe, CA 96150

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Presented by

RE/MAX GOLD
RE/MAX GOLD
RE/MAX GOLD
CalBRE #01460681 / NV DRE #144093
(530) 541-0200
Email:  [email protected]
www.TahoeRemax.com

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Listed by: Lloyd Aronoff 530-545-0811

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1065 Glenwood Dr
South Lake Tahoe, CA 96150

$459,500

Property photo
Sold
Single Family Home
3 Bedrooms
2 Full Bathrooms
Interior: 1,400 sqft
Lot: 7,841 sqft
Year Built: 1959
MLS #: 132549

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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Map of 1065 Glenwood Dr, South Lake Tahoe, CA 96150, USA
RE/MAX GOLD

For more information contact:
RE/MAX GOLD
RE/MAX GOLD
CalBRE #01460681 / NV DRE #144093
Phone: (530) 541-0200
[email protected]

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