8755 Montreal Road

Description

Presenting the long-awaited opportunity you've been seeking a multi-family income-generating haven! The Montreal Ranch is is set on a sprawling 4.89-acre parcel with Cabin Creek meandering along its northern border, evoking the ambiance of a delightful campsite. Comprising six residential buildings, this property features six residential units, showcasing a remarkable income potential with ample room for growth. Among the offerings are four charmingly renovated cabins, each boasting one bedroom, one bath, and a cozy loft area. The main house stands tall with four bedrooms, 2.5 baths, and a two-car garage. Additionally, cabin 5 accommodates a two-bedroom, two-bath unit, along with separate game room, study and bathroom. Completing the ensemble is a spacious steel garage/barn structure encompassing approximately 1,000 square feet, complete with an office space, ideal for storage, a workshop, or even as a home base for your business venture. The main house presents an enticing option for an owner-occupant, with the potential to have the remaining units contribute to covering expenses. Alternatively, maximize your income potential by renting out the main house. This property also serves as an excellent solution for those seeking employee housing, boasting a total of eleven bedrooms and ample parking space. Situated a mere 7.2 miles from the Village at Palisades, 10 miles from Tahoe City, and just 4.2 miles from downtown Truckee, the location offers an incredible advantage, allowing tenants to conveniently access their workplaces while savoring all the delights Tahoe has to offer. Given the ongoing housing crisis in Tahoe/Truckee, this property stands as a pivotal part of the solution.