Brent Johnson
South Lake Tahoe Real Estate
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You are here: Home / Brents Listings / Investment Property in South Lake Tahoe

Investment Property in South Lake Tahoe

January 23, 2010 by bjohnson Leave a Comment

Investment Property in South Lake Tahoe Just Listed By Brent and Jill Johnson

1053 Moss Offered at $425,000

This 5 plex is in a great location near stateline, shopping, and the bus routes. The adjacent 5 plex at 3728 Primrose is also for sale by the same owner for $425,000. Both buildings are available to be purchased together for $795,000. There are four 2 bedroom 1 bath units, and one 1 bedroom 1 bath units in this building. There are long term tenants currently occupying 100% of this building. All units are separately metered and the tenants pay for utilities.

  • Unit #1 is a 2 bedroom, 1 bath rented for $675
  • Unit #2 is a 2 bedroom, 1 bath rented for $675
  • Unit #3 is a 1 bedroom, 1 bath rented for $625
  • Unit #4 is a 2 bedroom, 1 bath rented for $675
  • Unit #5 is a 2 bedroom, 1 bath rented for $750
  • Laundry income is $50
  • Total monthly income is $3,450

Annual Expenses

  • Property insurance $2400
  • Property taxes $4700
  • Refuse $1620
  • Sewer/water $3240
  • Gas $1800 (for common water heater)
  • Electric $600
  • Repairs and Maintenance $1200

If you would like more information on investment properties in South Lake Tahoe, please call South Lake Tahoe Real Estate agent Brent Johnson today!

Filed Under: Brents Listings, South Lake Tahoe Real Estate Blog Tagged With: investment property in south lake tahoe, property in South Lake Tahoe, South Lake Tahoe real estate agents

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Chase International

989 Tahoe Keys Blvd.
South Lake Tahoe, CA 96150

530-416-2625
Contact Brent

Brent Johnson

I have been a top producing and hard working real estate agent since becoming a full time Realtor in 2004. Being born and raised here in South Lake Tahoe ... Meet Brent Johnson
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