70
See all 70 photos
$550,000
Est. payment /mo
4 Beds
5 Baths
0.3 Acres Lot
Price Dropped by $29K
150 Clearlake Lakeport, CA 95453
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID LC26066988
Bedrooms 4
Lot Size 0.300 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
I dare you to find more bang for your buck! Main house is 1866sf 3 bedroom/3.5 bathroom and would make a spacious residence for your family. It was recently rented for $2400 a month and could easily be leased out again, considering the primo downtown location in walking distance to the lake, park, or restaurants and shopping. There is Victorian charm throughtout the home with high ceilings and ornate details, plus 3 seperate decks inviting you to enjoy the outdoors. This was once a bed and breakfast, so all 3 bedrooms have their own ensuite bathrooms AND induvidual outside access. Imagine the possiblities there! Second unit is a 750+/-sf 1 bedroom/1 bathroom that is currently rented for $1200 a month. Third unit is a 300+/-sf studio that is currently rented for $950. Fourth unit is a 350+/-sf studio that needs some work, then could be rented for $900 a month or kept for a vacation station to come up and enjoy the lake life. In addition, there are six off-street paved parking spaces accessed from the back alley and 2 one-car garages that can be rented out for more income or kept for the new owner. All of this on a large 13,000+sf fenced in lot with mature landscaping and seperate yard areas. Whether you are looking for a primary home with extra income to pay the bills, or just a cashflowing income property, this is an outstanding investment in a great neighborhood. Don't miss this opportunity!
Location
State CA
County Lake
Zoning Public Rec
Direction From Highway 29, get off on 11th St exit, head East for almost a mile, left on N High St, then right on Clearlake Ave
Interior
Heating Fireplace
Cooling Central Forced Air, Wall/Window
Fireplace No
Exterior
View Y/N No
Roof Type Composition
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 026242020000
Acceptable Financing Cash, Conventional, Exchange, VA
Listing Terms Cash, Conventional, Exchange, VA
Listed by Bridget King, DRE#02086783 Luxe Places International Realty
NEARBY SCHOOL & BUSINESS
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