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About the Listing LCREMAX - LCdmarino,LCMMLunas
Exceptional investment opportunity featuring two well-maintained triplexes with strong pride of ownership throughout. This unique complex offers a total of six spacious units including four 3-bedroom, 1.5-bath units with attached 2-car garages and interior laundry rooms, plus two 2-bedroom, 1-bath units with oversized 3-car garages and laundry hookups. UNITS ARE SEPARATELY METERED tenants pay all utilities. Several units have received tasteful cosmetic upgrades, and all units are thoughtfully designed with large, open floor plans, abundant windows, and bright, airy living spaces. With direct garage access to every unit, the property offers a true condominium-style feel that tenants love. The low-maintenance exterior makes this property even more attractive for investors, while the recently painted exterior and roof replacement in 2017 reflect the seller’s ongoing commitment to upkeep and care. This is a clean, exceptionally well-maintained complex with excellent rental appeal — Property benefits from strong word- of- mouth tenant interest and consistent rental inquiries. Ideally located in the heart of downtown Lakeport, tenants enjoy close proximity to shopping, schools, restaurants, public transportation, and beautiful Clear Lake. With its desirable location, spacious unit design, and strong long-term rental demand, this property offers immediate income stability with outstanding future financial upside potential. A rare opportunity to own an attractive, high-demand multi-unit investment property with long-term growth potential.
Listing Highlights
Status
Active With Contingency
Days on Site
5
Property Type
Multi-Family
MLS ®
LC26099675
Year Built
1994
Total Square Footage
7,188
Lot/Acreage
0.38
County
Lake
Interior Details
- Bedrooms: 5
- Bathrooms: 4 Full
- Appliances: Electric Range, Refrigerator, Water Heater
- Air Cond: Central Air
- Heating: Central
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Ceiling Fan(s),Open Floorplan
- Water: Public
Exterior Details
- Lot Description: 6-10 Units/Acre,No Land Lease
- Garage Capacity: 11 car
- Parking Spaces: 11
- Roof: Composition
- Others: Wood Siding,2+ Total Units
- Sewer: Public Sewer
- Parking Features: Driveway Level,Door-Single,Garage,Garage Door Opener
Financial Details
- Tax Amount: $10,305
- Taxes w/Assessments: N/A
- Tax/Property ID: 025293090
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
Years
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Questions About..
677 Armstrong St Lakeport, CA 95453
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