$499,000 Active
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

Unlock the potential of this rare downtown Truckee redevelopment opportunity with ADU plans and endless possibilities. Thoughtfully designed by renowned local architect Dale Cox, the fully detailed plans revive one of Historic Truckee’s most versatile properties. Customize the space to fit your vision with options for a 1- or 2-bedroom residence featuring a private entrance on West River Street, plus a separate 1-bedroom ADU with its own Riverside Drive entrance. Property highlights a patio area, and two dedicated parking spaces. Looking for a live/work setup or investment property? The flexible design also allows an option for commercial space. Ideally situated in the heart of Downtown Truckee’s exciting downtown revitalization, enjoy easy access to the new park, pedestrian bridge to the Legacy Trail, and all the dining, shopping, and charm of Old Town Truckee. Seller financing available.

Listed by Dionne Pope — Allison James Estates & Homes

Listing Details

Status Active
MLS # 20242409
Days on Market 527
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
$41,136
Avg Nightly Rate
$305
Projected Occupancy
38.7%
Cap Rate
3.3%
Structural Score: 37 / 100 (Standard) · STR Zone: Red

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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