About This Home

This 4-bedroom, 2-bathroom multi-family at 65 Royale in Lakeport, CA is listed for $619,000. Built in 1965, on a 0.16 acres lot.

Key Features

Built in 1965
0.16 acre lot
2 stories

Property Details

2 stories

2 full

1965

Listing 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. For more information please Call or Text (FASTER).

Monthly Cost Estimate

$3,311/mo

20% down · 6.5% · 30 years

Principal$448

Interest$2,682

Insurance$181

Estimates only. Actual payments may vary.

Location

65 Royale

Lakeport, CA 95453

Questions & Answers

This 4-bedroom, 2-bathroom multi-family at 65 Royale is listed at $619,000. The estimated monthly payment is $3,311 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1965, 0.16 acre lot, 2 stories.

This property is listed by Sunny Choi.

Sunny Choi

License 02035072

Agent at TNG Real Estate Consultants

65 Royale, Lakeport, CA 95453