Property Description

Great 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 line, 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. There is No rent control, No state of Nevada income taxes and No state inheritance taxes.

Features
: Internet Available, Cable Available, Electricity Available, Phone Available, Sewer Connected, Water Connected
Address Map
US
NV
Washoe
Incline Village
89451
Southwood
866
0
W120° 2' 42''
N39° 14' 48.8''
Additional Info
Coldwell Banker Select Incline
Matthew Biscotti
06-16-2025 14:34:22
Active
06-16-2025
13624
795-o
06-16-2025
$0
06-16-2025 15:02:36
2
$0
132-222-08
$0
$0

Commercial Sale Residential

866 Southwood, Incline Village, Nevada 89451

0.29 Acre
$3,249,000
Listing ID #250051579
Basic Details
Property Type : Commercial Sale
Listing Type : Residential
Listing ID : 250051579
Serial Number : 20250615210833195322000000
Price : $3,249,000
View : Trees
Year Built : 1965
Lot Area : 0.29 Acre
Status : Active
Agent info
Silver State Homes of Nevada
4600 Kietzke Lane, Ste O-269, Reno, NV 89502
Contact Agent