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Listed by Kristen Pepin • Dudum Real Estate Group
$1,068,000
Est. payment /mo
6 Beds
3 Baths
2,535 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,535 sqft
Price per Sqft $421
Subdivision Not Listed
MLS Listing ID 41095125
Bedrooms 6
Full Baths 3
HOA Y/N No
Originating Board CONTRA COSTA
Year Built 1963
Lot Size 0.260 Acres
Property Sub-Type Detached
Property Description
Multi-family - Lake Tahoe Investment - Two Properties, One Price – Income + Lifestyle in the Heart of Truckee Welcome to a rare opportunity in Truckee's highly sought-after Armstrong Tract — a distinctive property that offers not just a home, but a lifestyle investment. With two parcels included—a spacious, character-filled residence plus a buildable lot next door—this is your chance to live, rent, build all at once. Whether you're an investor eyeing strong cash flow, a first-time buyer looking for flexibility, ski rental or a multi-generational household seeking space and privacy, this property delivers across the board. It's also a smart choice for employee housing, with multiple rental-ready setups and immediate income potential. Current rental income exceeds $7K per month. Eligible for the Lease to Locals program, offering extra income right out of the gate. And with a price of just $421 per square foot, it's one of the best values in the area. Situated at a lower elevation, this home is just minutes from Donner Lake, I-80, shopping, dining, World Renowned Ski Resorts, Tahoe Donner trail access and downtown Truckee.
Location
State CA
County Nevada
Interior
Heating Forced Air
Cooling Ceiling Fan(s)
Flooring Hardwood, Vinyl, Carpet
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Washer
Laundry Laundry Room
Exterior
Pool None
Private Pool false
Building
Lot Description Sloped Down
Story 3
Foundation Concrete Perimeter
Water Public
Architectural Style Other
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