This Lake of the Pines duplex represents an exceptional investment opportunity to own rental income property in one of the most beautiful and sought-after membership communities in the Sierra Foothills. Over 2000 single family homeowners enjoy the pristine lake and fabulous amenities of this community, but only a few lucky investors own one of the few remaining duplex properties. There are two duplexes for sale (see also MLS #20035813). This discounted price reflects the concurrent purchase of both properties. This duplex offers two units each with 3 bedrooms/2 baths and a 2-car garage (1394 SF +/-). This investment offers excellent current cash flow along with a huge financial upside by completing the approved condo conversion and selling the units individually. Additionally, the newer construction assures that all building systems will provide many more years of low maintenance operation. See also MLS #20035813 the next-door duplex for sale.
|--||New Value: $487,000|
|7/8/2020 1:44:34 PM||New Value: Pending Sale|
|6/26/2020 7:45:00 AM|