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Mammoth Lakes,CA 93546
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,550 sqft
Price per Sqft $480
MLS Listing ID OC25197082
Bedrooms 5
Full Baths 4
Year Built 1969
Lot Size 7,405 Sqft
Property Sub-Type Triplex
Property Description
Turnkey Triplex in Mammoth Lakes- $400K in Renovations
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
Heating Combination,Electric,Forced Air,Fireplace(s),Propane,Wood Stove,Wall Furnace
Cooling None
Flooring Stone,Wood
Fireplaces Type Free Standing,Primary Bedroom
Inclusions All furniture and appliances included
Laundry Common Area,Laundry Room
Exterior
Parking Features Concrete,Driveway
Pool None
Community Features Biking,Fishing,Hiking,Lake
Utilities Available Cable Connected,Electricity Connected,Propane,Phone Available,Water Connected
View Y/N Yes
View Mountain(s)
Roof Type Metal
Building
Lot Description 2-5 Units/Acre,Sloped Down,Gentle Sloping,Near Public Transit
Dwelling Type Triplex
Story 2
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Other
Others
Acceptable Financing Cash,Cash to Existing Loan,Cash to New Loan,Conventional,FHA,Fannie Mae,Freddie Mac
Listing Terms Cash,Cash to Existing Loan,Cash to New Loan,Conventional,FHA,Fannie Mae,Freddie Mac
Special Listing Condition Standard