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725-910-9416
Fathom Realty NV LLC
866 Southwood Blvd, Incline Village, NV 89451
- $2,340,000
- 6,074
- SqFt
- Sold Price
- $2,340,000
- List Price
- $2,549,000
- Status
- CLOSED
- Days on Market
- 99
- Closing Date
- Apr 16, 2026
- MLS#
- 250051579
- Subtype
- Commercial Sale
- Year Built
- 1965
- Living Area
- 6,074
- Lot Size
- 12,398
- Acres
- 0.29
Property Description
CURRENTLY ACCEPTING BACK-UP OFFERS! 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.
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Additional Information
- Taxes
- $15,569
- Zoning
- Multifamily
- Flooring
- Carpet, Laminate, Tile
- Heating
- Baseboard, Electric
- Stories
- 2
- Levels
- Two
- Roof
- Composition, Flat, Metal
- Foundation
- Full Perimeter, Brick/Mortar
- Parking Features
- Paved, Lighted, On Site, Paved
- Garage
- Paved, Lighted, On Site, Paved
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Courtesy of Matthew Biscotti and Coldwell Banker Select Incline. Contact:
Selling Office: Coldwell Banker Select Incline.
© 2017 Northern Nevada Regional MLS, Inc. All Rights Reserved
Data last updated on 06/28/2017.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Northern Nevada Regional MLS. Real estate listings held by brokerage firms other than owner of this page are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
Information deemed reliable but not guaranteed