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Listed by Denise Marino • RE/MAX Gold Lake County • RE/MAX Gold Lake County
RE/MAX Gold Lake County
RE/MAX Gold Lake County
$ 999,000
Est. payment /mo
Contingent
677 Armstrong ST Lakeport, CA 95453
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Contingent
Purchase Type For Sale
MLS Listing ID 326041199
HOA Y/N No
Year Built 1994
Property Sub-Type Triplex
Property Description
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.
Location
State CA
County Lake
Area Lake County
Interior
Heating Central
Cooling Central
Flooring Carpet, Other
Exterior
Parking Features Garage, Off Street
Garage Spaces 11.0
Roof Type Composition
Building
Sewer Public Sewer
Water Public
Others
Special Listing Condition None
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