12255 Sierra Dr Active Save Request In-Person Tour Request Virtual Tour
Truckee,CA 96161
Key Details
Property Type Single Family Home
Sub Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,535 sqft
Price per Sqft $414
MLS Listing ID CC41095125
Style Other
Bedrooms 6
Full Baths 3
Year Built 1963
Lot Size 0.260 Acres
Property Sub-Type Single Family Home
Source Contra Costa Association of Realtors
Property Description
PRICE IMPROVEMENT! The Most Affordable Home on the market in Truckee based on price per square foot just got even better!! Multi-family - Lake Tahoe Investment - Two Properties, One Price - Income + Lifestyle in the Heart of Truckee Welcome to a rare opportunity in Truckee's highly sought-after Armstrong Tract - a distinctive property that offers not just a home, but a lifestyle investment. With two parcels included-a spacious, character-filled residence plus a buildable lot next door-this is your chance to live, rent, build all at once. Whether you're an investor eyeing strong cash flow, a first-time buyer looking for flexibility, ski rental or a multi-generational household seeking space and privacy, this property delivers across the board. It's also a smart choice for employee housing, with multiple rental-ready setups and immediate income potential. Current rental income exceeds $7K per month. Eligible for the Lease to Locals program, offering extra income right out of the gate. And with a price of just $421 per square foot, it's one of the best values in the area. Situated at a lower elevation, this home is just minutes from Donner Lake, I-80, shopping, dining, World Renowned Ski Resorts, Tahoe Donner trail access and downtown Truckee.
Location
State CA
County Nevada
Area Other Area
Rooms
Kitchen Countertop - Solid Surface / Corian,Dishwasher,Garbage Disposal,Microwave,Oven Range - Gas,Refrigerator,Updated
Interior
Heating Forced Air
Cooling Ceiling Fan
Flooring Vinyl,Carpet - Wall to Wall,Hardwood
Fireplaces Type None
Laundry In Laundry Room,Washer
Exterior
Parking Features No Garage,Off-Street Parking,Parking Area,RV/Boat Parking
Pool Pool - No,None
Roof Type Metal
Building
Lot Description Grade - Sloped Down
Story Three or More Stories
Foundation Crawl Space
Water Public
Architectural Style Other
Others
Tax ID 018-540-035000
Special Listing Condition Not Applicable
Virtual Tour https://www.youtube.com/watch?v=nUW1rIjidfw