Positioned in a highly desirable location near downtown Bishop, this 3-unit residential income property offers an exceptional opportunity for investors seeking residential income investment property. Being sold as part of a portfolio of several other Bishop properties including motels that contract with Mammoth Mountain during snow season to house their overflow seasonal workforce. They are willing to work with new owner(s) to continue this arrangement. Two of the portfolio properties for sale are right next door at 236 Lagoon St and 274 Lagoon St. This is an exceptional opportunity for an investor seeking both stability and upside income potential. Contact listing agent for more information.Property features three buildings. The main house, 331 A is a 3-bedroom house, living room has a pellet stove, full kitchen with dining area, 1 bathroom with shower over tub, LVP flooring and carpeted bedrooms. Unit 331 B is a 1-bedroom cottage with kitchen and full bathroom, laundry in bathroom and covered patio outside front door. Unit 331 C is a studio structure with full kitchen, laundry room, and full bathroom.Seller will do a 1031 exchange and will work with investors doing the same.