347 Cottonwood Court, Incline Village, CA

Multi-family for Sale - $3,550,000 - 4,872 Sq. Ft.


Agent Info

John Eppolito
Coldwell Banker Select Real Estate

Property Info

CIMLS#1176627
Location
  347 Cottonwood Court
  Incline Village CA 89451
UpdatedMay 27th, 2025
TypeMulti-family
Price$3,550,000
Building4,872 Sq. Ft.

Property Description

Turnkey Multi-Family Gem in Incline Village - Fully Remodeled; and five of the units are currently rented long term! Don't miss this rare 6-unit investment in a prime low-elevation locationno HOA, seller has one STR permit, but buyer will have to get their own. Potential for a 5.5% cap rate. Includes (1) spacious 2-bed/2.5-bath with luxury finishes, peek lake views, and large deck, (3) stylish 1-bed/1.5-baths with sleek design, peek lake views, and private decks, and (2) fully equipped studios. All units feature high-end finishes, in-unit laundry, and come mostly furnished with household itemstruly turnkey. Rent short, mid, or long term for maximum flexibility. Bonus: 4-car garage offers added income potential or storage. Comes with 20 IVGID passes, granting access to Incline's private beaches, golf courses, and rec centers. Live-in or STR the two-bedroom unit, rent the other five, and let Tahoe elevate your lifestyleand your portfolio!


Financials