Property Detail

Description

Located at 65 Royale Avenue in the heart of downtown Lakeport, this fully rented four unit apartment building offers an excellent investment opportunity in a highly walkable and convenient location just off Main Street. The two level property features approximately 3,200 square feet on a 6,534 square foot lot and includes four well configured units, each with two bedrooms and one bathroom. Select units have received cosmetic upgrades, and recent improvements include a new roof, providing added value and peace of mind. With all four units being rented you will have immediate income, covered parking, and close proximity to shopping, public transportation, dining, and Clear Lake, this property is ideally positioned for strong long term rental demand and future upside.