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Listed by Sunny Choi • T.N.G. Real Estate Consultants
$ 619,000
Est. payment | /mo
6,534 SqFt
$ 619,000
Est. payment | /mo
6,534 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 6,534 sqft
Price per Sqft $94
MLS Listing ID PW-26018793
Year Built 1965
Lot Size 6,970 Sqft
Property Sub-Type Quadruplex
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Located at 65 Royale Avenue in the heart of downtown Lakeport, this fully rented four unit apartment building offers an excellent investment opportunity in a highly walkable and convenient location just off Main Street. The two level property features approximately 3,200 square feet on a 6,534 square foot lot and includes four well configured units, each with two bedrooms and one bathroom. Select units have received cosmetic upgrades, and recent improvements include a new roof, providing added value and peace of mind. With all four units being rented you will have immediate income, covered parking, and close proximity to shopping, public transportation, dining, and Clear Lake, this property is ideally positioned for strong long term rental demand and future upside.
Location
State CA
County Lake
Area Lclps - Lakeport South
Interior
Laundry None
Exterior
Pool None
Community Features Lake, Suburban
Building
Lot Description Cul-De-Sac, Back Yard
Sewer Public Sewer