
![]() | MLS#118722 : $70,0003688 Aspen Ave |
| Sub Type | Duplex/Triplex/Fourplex |
|---|---|
| Area | Bijou 1 |
| Status | Active Pending Short Sale |
| Distressed Status | Short Sale |
| Beds | 0 |
| Baths | 0 |
| Living Space | 680 |
| Garage Cars | 0 |
| Year Built | 1953 |
| Date Listed | December 14 2011 |
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3688 Aspen Ave, South Lake Tahoe, CANear Stateline & Heavenly Ski area. Good rental records with little vacancies. Left side is updated and rents for $500 and now vacant with EBOX; right side not updated and rents for $475. Backs conservancy lot for privacy. Highest/best use in future would be to tear-down and build a modern two story duplex condo with garages. Until then, gross income is about $11,700 annually and owner pays utilties ($1,291 for 2011) out of that. SIX SEWER UNITS ARE BEING PAID FOR. Other expenses for 2011: Sewer $735.96; Water $426.36; Refuse $572.72; Snow Removal (seasonal rate) $600. ONE EACH ELECTRICAL & GAS METER; ONE (GAS) HOT WATER HEATER. Dirt driveway; no BMP's/or assessment; appears to be on partial perimeter foundation/post piers/slab (hot water heater shed). This is a SHORT SALE subject to Lender approval. | View 7 Full Screen Photos >>Click Thumbnail to Enlarge |
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Listed By Davey E Paiva of Davey Paiva Realty.