$648,000
$649,000
0.2%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
2,220 SqFt
SOLD DATE : 07/19/2024
Key Details
Sold Price $648,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,220 sqft
Price per Sqft $291
MLS Listing ID CRLC23092043
Sold Date 07/19/24
Bedrooms 4
HOA Y/N No
Year Built 1979
Lot Size 6,534 Sqft
Acres 0.15
Property Description
NEW CONSTRUCTION DUPLEX BY THE LAKE. Compelling investment opportunity that is fully rented to quality tenants and showing 8.5% gross return or 6.49% cap rate after expenses, with zero forseeable maintenance for a good long while. Ideal spot with lake views and easy lake access is on offer beside the Lupoyoma Lakeside community park with floating dock access. No expense has been spared in this luxury rebuild, from the ground up, with uncompromising high-end quality, innovative design finishes and new everything. Here you can meet the serenity of nature on the water's edge but with easy walking access to Main St restaurants, coffee, and shopping, or take a stroll along the lakefront park. Wrap around decking on three sides for both units with a large private courtyard garden for the main unit, allows for expanded tranquil indoor/outdoor living and enjoying the lake views. Attention to detail is evident throughout the entire property, from the upgraded 2x6 walls and new insulation to the new wiring and plumbing. In addition, the interior walls are also insulated to ensure privacy and a soundproof environment. Also, possible as a home and income with B&B as a possibility for both units or as an extended family residence. Approaching the home, you are greeted by a beautifully stamped
Location
State CA
County Lake
Area Listing
Interior
Heating Electric
Cooling Other
Flooring Vinyl
Fireplace No
Laundry Inside
Exterior
Exterior Feature Other
View Y/N true
View Lake
Total Parking Spaces 4
Building
Lot Description Level
New Construction No
Others
Tax ID 02558113
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© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Bought with TimothyToye
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