Description
2.25% VA ASSUMABLE LOAN AVAILABLE! 3 UNITS! For qualified buyers, this is a fantastic opportunity to lock in favorable financing. Contact listing agent for details. Outstanding investment opportunity in the heart of Sparks! This well-maintained, income-generating property includes a duplex and a separate 1-bedroom single-family residence, each with its own private fenced yardperfect for tenant privacy and pet-friendly leasing. Priced at $555,000 with a cap rate over 6%, this property is an ideal option for first-time investors, house hackers, or seasoned buyers seeking a low-maintenance, cash-flowing asset. The property features multiple recent upgrades, including new fencing, updated railings, remodeled bathroom, and newer flooring/ carpet in some of the units. All units are tenant-occupied with long-term renters in place, providing immediate, stable income with room for future rent growth. Low vacancy history and desirable unit mix make this an easy addition to any rental portfolio.Listing agent is related to seller.
Details
| MLS # | 250000966 |
|---|---|
| Listing Type | For Sale |
| Style | Triplex |
| Sub-Type | Resale |
| Status | Active Under Contract-show |
| Year | 1947 |
| Days On Site | 284 |
| Listing Provided By | RE/MAX Professionals-Reno | Joshua Skroch |
Features
| SQ Feet | 1,264 |
|---|---|
| Story(s) | 1 |
| Units | 3 |
| Building(s) | 2 |
| Zoning | Mud |
| Acreage | 0.13 |
Interior
| Heating | Natural Gas |
|---|---|
| Heating Yes / No | Yes |
| Cooling | Wall/Window Unit(s) |
| Cooling Yes / No | Yes |
| Window Features | Blinds, Vinyl Frames |
| Appliances | Oven, Gas Range, Refrigerator |
| Fireplace Yes / No | No |
Exterior
| Roof | Composition, Pitched, Shingle |
|---|---|
| Lot Features | Landscaped, Other |
| Construction Materials | Asbestos, Frame, Stucco |
| Road Responsibility | Public Maintained Road |
| Foundation Details | Crawl Space |
| Fencing | Full |
Parking
| Parking Features | Varies by Unit |
|---|---|
| Attached Garage Yes / No | No |
Utilities
| Utilities | Cable Available, Electricity Available, Internet Available, Natural Gas Available, Cellular Coverage |
|---|
Location
| Senior Community Yes / No | No |
|---|
Taxes
| Property | 1083 |
|---|
Area Information
| State | NV |
|---|---|
| County | Washoe |
| City | Sparks |
| Zip Code | 89431 |
| Area | Washoe |
| Community Name | Newtown Tract |
| School District | Sparks |
| Elementary School | Smith |
| High School | Sparks |
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Contact
Learn More About This Property
| State | NV |
|---|---|
| County | Washoe |
| City | Sparks |
| Zip Code | 89431 |
| Area | Washoe |
| Community Name | Newtown Tract |
| School District | Sparks |
| Elementary School | Smith |
| High School | Sparks |
