$499,000
10191 West River Street
Truckee, CA 96161
⚠ STR Permit Cap Reached
Town of Truckee STR permit cap has been reached. 1-year waiting period after purchase before you can apply. Verify current waitlist status before buying.
3 Beds
·
2.0 Baths
·
1,711 Sq Ft

About This Property

Development Opportunity - The Historic 1890 Class "B" is zoned Mixed Use. Bring your contractor because the plans are prepped and ready to go. Dale Cox Architects has completed plans in meticulous detail to re-create the exterior of one of the most versatile downtown buildings. 1 or 2 bd flat with entrance on W.River. A second unit offering entry at Riverside Dr. for a 1 bd with a patio and 2 parking spaces. Or create 2 separate commercial spaces. As the Truckee downtown projects grow, enjoy the future with the West River St Park, future Truckee Springs open space development and close proximity to Old Town dining and shopping.Optional Seller Financing.

Listed by Dionne Pope — Allison James Estates & Homes

Listing Details

Status Active
MLS # 20242409
Days on Market 479
Price/Sq Ft $292

Property History

Dec 09, 2024
Listed for sale
$499,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,711
Stories 2
Property Type Single Family Residence
Style Other
Subdivision Truckee
County Nevada
STR Jurisdiction Town of Truckee
APN 019-130-050
Parking
Parking Features None
Exterior & Lot
Lot Features Level,Gentle
View City,Downtown
Roof Metal
Foundation Perim Concrete
Utilities & Systems
Heating Natural Gas
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STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED ANNUAL REVENUE
$142,500 ($118K – $167K range)
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%

STR Investment Summary — 10191 West River Street, Truckee

Est. Annual Revenue
$40,874
Avg Nightly Rate
$303
Projected Occupancy
38.7%
Cap Rate
3.3%
Structural Score: 35 / 100 (Standard) · STR Zone: Green

Based on comparable vacation rental performance data for Truckee. Revenue projections are estimates and may vary.

Cost Segregation Tax Savings

Estimated first-year bonus depreciation savings

Estimated First-Year Tax Savings
$0
via bonus depreciation
Land Value
$0
Improvement Basis
$0
5-Year Property (18%)
$0
15-Year Property (10%)
$0
Estimates are for informational purposes only and do not constitute tax advice. Consult a qualified CPA or tax professional for your specific situation. Actual savings depend on individual tax circumstances.

Payment calculator

$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($99,800)
Home price
$499,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Real Estate Agent
License #CA 02235314

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