About 866 Southwood Boulevard
RARE OPPORTUNITY in Lake Tahoe, the Heart of Incline Village, NV Fabulous Location walk to the coveted beaches, Hyatt, restaurants, shops, markets, recreation center, and beautiful hiking trails just 3 blocks from Lakeshore Blvd. 2 18 hole golf courses a few minutes away. Prime property built 1965, pre TRPA-grandfathered coverage. 6 Unit apartment building located on the Lake side of Tahoe Blvd consists of: 5 2bd. 1 bath apts and 1 large 3 bd. 2 bath apt. with 35' balcony. All units light & bright 14 car parking lot The building has been renovated including beautiful New kitchens, new bathrooms, new front doors, new flooring throughout, newer baseboard heaters and new metal roof with heated gutters. New sewer clean out, new water line, water meter, new windows/sliders 2/3 of the bldg. new retaining wall, new paver walkways & parking lot Common area laundry room with coin operate washer/dryer, electric water heater and storage lockers for each unit. Large yard w/covered sitting area, dry creek bed, landscape lighting in the over 12,400 sq.ft. lot. Huge upside of 300k plus annually if operated as short term rentals. One unit has been a corporate rental for the past 3 years. There is No rent control, No state of Nevada income taxes and No state inheritance taxes.
Features of 866 Southwood Boulevard
| MLS® # | 250051579 |
|---|---|
| Price | $2,579,900 |
| Bathrooms | 0.00 |
| Acres | 0.29 |
| Year Built | 1965 |
| Type | Commercial Sale |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 866 Southwood Boulevard |
|---|---|
| Area | 89451 |
| City | Incline Village |
| County | Washoe |
| State | NV |
| Zip Code | 89451 |
Amenities
| Utilities | Internet Available, Cable Available, Electricity Available, Phone Available, Sewer Connected, Water Connected |
|---|---|
| Parking Spaces | 11 |
| Parking | Concrete, Lighted, On Site, Paved |
| Has Pool | No |
Interior
| Heating | Baseboard, Electric |
|---|---|
| Fireplace | Yes |
| Fireplaces | Free Standing, Gas |
| # of Stories | 2 |
Exterior
| Lot Description | Gentle Sloping |
|---|---|
| Windows | Double Pane Windows |
| Roof | Composition, Flat, Metal |
| Construction | Block, Frame, Stucco |
| Foundation | Full Perimeter, Brick/Mortar |
Additional Information
| Date Listed | June 16th, 2025 |
|---|---|
| Days on Market | 120 |
| Zoning | Multifamily |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Coldwell Banker Select Incline |
|---|
