$2,579,900

866 Southwood Boulevard, Incline Village, NV 89451

  • 6,074 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1965
  • Property Lot Size Icon0.29acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $425/sqft
  • Property List Date Icon Listed 6 months ago

Property Description

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.

Listing Status:
Active
Date Added:
June 16, 2025 at 05:00AM
Listing Office:
Coldwell Banker Select Incline : 775-833-6400
Listing Agent:
Matthew Biscotti : 775-443-6088
MLS ID:
250051579
  • Laundry: Common AreaIn Hall
  • Basement: Unfinished
  • Flooring: CarpetLaminateTile
  • A/C: None
  • Heating: BaseboardElectric
  • General: None
  • Other Structures: None
  • Parking: ConcreteLightedOn SitePavedParking spaces: 11
  • Roofing: CompositionFlatMetal
  • Windows: Double Pane Windows
  • General: BlockFrameStucco2Full PerimeterBrick/Mortar
  • Road/Access: Public
  • HOA Amenities: None
  • County: Washoe
  • Zoning: Multifamily132-222-08
  • Fencing: FencedPartial
  • Utilities: Internet AvailableCable AvailableElectricity AvailablePhone AvailableSewer ConnectedWater Connected110 Volts
  • Water: Public
  • Sewer: Public Sewer

This listing courtesy of Matthew Biscotti, Coldwell Banker Select Incline

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

I

Incline Elementary School

915 Northwood Blvd, Incline Village, NV, 89451

Grades PK-5

0.45 miles away

I

Incline Middle School

931 Southwood Blvd, Incline Village, NV, 89451

Grades 6-8

0.44 miles away

I

Incline High School

499 Village Blvd, Incline Village, NV, 89451

Grades 9-12

0.61 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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