Ponderosa Street, South Lake Tahoe, CA 96150

Property Description

Set in the heart of South Lake Tahoe, this is an excellent investment opportunity! Three units - a one bedroom/one bathroom, two bedroom/one bathroom and a three bedroom/two bathroom. Owned by the same family since the beginning, this property has an excellent track record as a rental. Fenced in the front and back, with a large parking area and decks in the front and back - the smaller units are on the lower level while the three bedroom encompasses the entire upper level. The neighboring lot, 2491 Ponderosa Street, is also for sale - creating even more potential. Centrally located on the bike path, just a short stroll to the meadow and shores of Lake Tahoe and minutes to world-class-skiing, the casinos and all that the area has to offer.