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Listed price in listed location currency (USD).
$2,549,000

0011

MLS® 250051579

Overview

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $15,569
Days Active 258
Approx. Age 1965
MLS® Number 250051579

Property Address: 866 Southwood Blvd, Incline Village, NV, 89451

Average square foot calculated using Size range provided by listing agent.

Description

CURRENTLY ACCEPTING BACK-UP OFFERS! RARE OPPORTUNITY in Lake Tahoe, the Heart of Incline Village, NV Fabulous Location walk to the coveted beaches, Hyatt, restaurants, shops, markets, recreation center, and beautiful hiking trails just 3 blocks from Lakeshore Blvd. 2 18 hole golf courses a few minutes away. Prime property built 1965, pre TRPA-grandfathered coverage. 6 Unit apartment building located on the Lake side of Tahoe Blvd consists of: 5 2bd. 1 bath apts and 1 large 3 bd. 2 bath apt. With 35' balcony. All units light & bright 14 car parking lot The building has been renovated including beautiful New kitchens, new bathrooms, new front doors, new flooring throughout, newer baseboard heaters and new metal roof with heated gutters. New sewer clean out, new water line, water meter, new windows/sliders 2/3 of the bldg. New retaining wall, new paver walkways & parking lot Common area laundry room with coin operate washer/dryer, electric water heater and storage lockers for each unit. Large yard w/covered sitting area, dry creek bed, landscape lighting in the over 12, 400 sq.Ft. Lot. Huge upside of 300k plus annually if operated as short term rentals. One unit has been a corporate rental for the past 3 years. There is No rent control, No state of Nevada income taxes and No state inheritance taxes.
MLS® Number250051579
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelCommon Area, In Hall
Exposure
Exterior
GarageNo
Approx. Age1965
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

Other

Jun 16, 2025List Date
$2,549,000List Price
-End Date
Not Sold YetSold Price

Other

Jan 1, 2026List Date
$2,549,000List Price

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