2820 Bluewater Dr Lake Havasu City, AZ 86403

This exceptional mixed-use property in Lake Havasu City, Arizona, presents a compelling investment opportunity. Located at 2820 Bluewater Dr, 86403, this 0.29-acre lot features a duplex with two identical 2-bedroom, 2-bathroom units, each boasting over 1030 square feet of living space. Both units include indoor utility rooms, eat-in kitchens with built-in ovens and gas cooktops, and updated tile showers. Unit 1 offers a desirable lake view from the front and living room. The property benefits from a positive rental history, making it ideal for owner-landlords or investors seeking strong returns. Significant expansion potential exists, with engineered plans already in place for two additional units and carports. The property is zoned R-3, allowing for this expansion. Recent upgrades include a new HVAC system (installed two years ago) and a new water heater (installed last year). Less than half of the property's potential is currently utilized, offering substantial room for growth and increased profitability. The asking price is $434,999, with a 2.5% seller concession available for buyer's agent fees or closing costs. This property is easily shown and represents a rare opportunity in a desirable location.