This property has 3 residential units and is a choice for $949,000

Home For Sale near Lake Tahoe

This property has 3 residential units and is a choice for multiple-generation housing. It is also ready for the buyer looking to transform one of the three units into a comfortable owner's residence while keeping the other two as rental units to generate income. Step 1: Choose the Owner's Unit Best Option: Convert one of the two-bedroom units into your personal residence. More space and privacy Access to private deck and yard Dual entry points for flexibility : Step 2: Upgrade for Comfort Enhance the chosen unit with: Interior upgrades: Modern kitchen appliances, updated bathroom fixtures, fresh paint, and cozy flooring (e.g., hardwood or luxury vinyl) Smart home features: Thermostat, lighting, and security Outdoor enhancements: Fenced yard, garden space, or hot tub : Step 3: Optimize Rental Units Keep the studio and the remaining two-bedroom unit as rentals: Furnish for short-term or long-term tenants Maintain a utilities-included rent model for simplicity Consider vacation rental potential for the studio (if zoning allows) Step 4: Financial Planning Estimated Gross Income: ~$69,000/year from the 3 units as rentals Owner's unit: No rent, but utility costs may shift slightly Loan Options: May still qualify for a residential 1-4 unit loan Access more details at: