UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,550 sqft
Price per Sqft $480
MLS Listing ID OC-25197082
Bedrooms 5
Full Baths 4
Year Built 1969
Lot Size 7,405 Sqft
Property Sub-Type Triplex
Source California Regional Multiple Listing Service (CRMLS)
Property Description
This fully renovated triplex presents a prime investment opportunity in Mammoth Lakes. With over $400,000 in upgrades, the property offers three income-producing units:The main floor unit offers a spacious 2-bedroom, 2-bath, plus loft; The secondary unit is a 2-bedroom, 1-bath; and the third unit is a studio. Each unit has been modernized for low-maintenance ownership and has their own private entrance. A shared laundry facility adds convenience for tenants. This property is well-positioned for strong rental demand in both seasonal and long-term markets. No short term rentals allowed. There is also space to add a garage, ADU or both! This property is close to shuttle stops & walking distance to Canyon Lodge and the Village. Contact agent for yearly rental income amounts.
Upgrades include: New metal roof, new hot water heater, new heating system, all new Milgard windows, beautifully remodeled bathrooms, new kitchen in rental units, new trex decking and so much more!
Location
State CA
County Mono
Area Mmth - Mammoth Lakes
Zoning RSF
Interior
Interior Features Ceiling Fan(s), Furnished, Granite Counters, High Ceilings, Track Lighting, Kitchen Open to Family Room, Stone Counters
Heating Wall Furnace, Wood Stove, Combination, Fireplace(s), Forced Air
Cooling None
Flooring Stone, Wood
Fireplaces Type Free Standing, Master Bedroom
Inclusions All furniture and appliances included
Laundry Common Area, Dryer Included, Individual Room, Washer Included
Exterior
Parking Features Concrete, Driveway
Pool None
Community Features Biking, Fishing, Hiking, Lake
Utilities Available Water Connected, Cable Connected, Electricity Connected, Phone Available, Propane
View Y/N Yes
View Mountain(s)
Building
Lot Description Gentle Sloping, Near Public Transit, Sloped Down, 2-5 Units/Acre
Sewer Public Sewer
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