$ 555,000
125 S Forbes Street Lakeport, CA 95453
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$ 555,000
Est. payment /mo
Active
125 S Forbes Street Lakeport, CA 95453
3 Beds
3 Baths
5,663 Sqft Lot
UPDATED:
09/12/2024 05:15 PM
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID LC24187119
Bedrooms 3
HOA Y/N No
Lot Size 5,663 Sqft
Property Description
Historic charmer, live in one unit and rent the other two, or rent out this unique triplex in downtown Lakeport, averaging approximately 7% cap rate. Featuring 3 units, 1bed room one bath each, with off the street parking, storage shed, front yard, plus a shaded and private back yard with raised garden beds. Front 2 units are occupied with long term renters and back unit has been reserved for vacation rentals hosting fishermen, and tourists through the year. Only a couple of blocks away from the public boat ramp, park, restaurants and shops. Back unit is the largest with private deck and direct access to the back yard, unit #2 has a loft bedroom and it is the smallest of the units. Front unit or #1 faces the street. All units have street entrance through the covered side deck.
Historic charmer, live in one unit and rent the other two, or rent out this unique triplex in downtown Lakeport, averaging approximately 7% cap rate. Featuring 3 units, 1bed room one bath each, with off the street parking, storage shed, front yard, plus a shaded and private back yard with raised garden beds. Front 2 units are occupied with long term renters and back unit has been reserved for vacation rentals hosting fishermen, and tourists through the year. Only a couple of blocks away from the public boat ramp, park, restaurants and shops. Back unit is the largest with private deck and direct access to the back yard, unit #2 has a loft bedroom and it is the smallest of the units. Front unit or #1 faces the street. All units have street entrance through the covered side deck.
Historic charmer, live in one unit and rent the other two, or rent out this unique triplex in downtown Lakeport, averaging approximately 7% cap rate. Featuring 3 units, 1bed room one bath each, with off the street parking, storage shed, front yard, plus a shaded and private back yard with raised garden beds. Front 2 units are occupied with long term renters and back unit has been reserved for vacation rentals hosting fishermen, and tourists through the year. Only a couple of blocks away from the public boat ramp, park, restaurants and shops. Back unit is the largest with private deck and direct access to the back yard, unit #2 has a loft bedroom and it is the smallest of the units. Front unit or #1 faces the street. All units have street entrance through the covered side deck.
Location
State CA
County Lake
Area Lakeport (95453)
Zoning Public Rec
Exterior
Exterior Feature Wood
Roof Type Composition
Building
Lot Description Sidewalks
Story 1
Lot Size Range 4000-7499 SF
Level or Stories 1 Story
Others
Monthly Total Fees $275
Acceptable Financing Cash, Conventional, FHA
Space Rent $1,275
Listing Terms Cash, Conventional, FHA
Listed by Mara Eichelmann • Sotheby's International Realty