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.
Property Type
ResidentialCounty
NevadaStyle
ResidentialAD ID
49522619
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Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 6
Bathroom Information
- Total Baths: 3
- Full Baths: 3
Interior Features
- Roof : Metal
- Property Appliances: Washer
- Fireplace: None
- Flooring: Carpet,Vinyl,Wood
Cooling Features
- Air Conditioning
Heating Source
- Forced Air
- Has Heating
Fireplace
- Fireplace Features: None
- Has Fireplace: 0
-
Exterior Features
Building Information
- Year Built: 1963
- Roof: Metal
Pool Features
- None
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.26
- Lot Size Source: Vendor Enhanced
- Lot Size Square Feet: 11325
-
Listing Information
Listing Price Information
- Original List Price: 1,068,000
- Listing Contract Date: 2025-04-26
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 018540035000
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Off Street,RV Access/Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood:
- Directions: Donner Pass Rd to Highway Rd, L on Sierra Dr, on L Cross Street: None.
- Source Property Type: Residential
- Property SubType: Single Family Residence
Building and Construction
- Property Age: 62
- Structure Type: Single Family Residence
- Year Built Source: Vendor Enhanced
- Total Square Feet Living: 2535
- Levels or Stories: Three Or More
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BuyOwner last updated this listing 05/05/2025 @ 05:07
- MLS: 41095125
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 6 bedrooms which is for sale, it has 2,535 sqft, 11,325 sized lot, and 0 parking. are nearby neighborhoods.