$675,000

Residential Income In Sparks

  • 7 Beds
  • 3 Baths
  • 2,477 Sqft
  • 9,148 Sqft lot
  • Updated: August 11
  • 1
  • Source:
    Northern Nevada Regional MLS  MLS#260008160

About the Property

Investment opportunity with a 6.8 percent cap rate. The property includes two separate homes on one parcel. The rear home is occupied by a long-term month-to-month tenant, providing immediate income. The front home is vacant, allowing the new owner to lease it at current market rent. The front home has been refreshed with new interior paint, a new stove, and a new dishwasher. It is move-in ready a
Investment opportunity with a 6.8 percent cap rate. The property includes two separate homes on one parcel. The rear home is occupied by a long-term month-to-month tenant, providing immediate income. The front home is vacant, allowing the new owner to lease it at current market rent. The front home has been refreshed with new interior paint, a new stove, and a new dishwasher. It is move-in ready and includes a private fenced yard. The rear home also has generous yard space. Conveniently located in Sparks with a long history of strong occupancy and consistent rental demand. A straightforward investment offering current income, room for rental growth, and separate outdoor space for each residence.
  • Property type

    Other

  • Floors

    1

  • Year built

    1960

  • Price/sqft

    $272

Features

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947 I Street, Sparks, Nevada, United States View on Google Maps
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LPT Realty, LLC - Reno

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LPT Realty, LLC - Reno
Nevada, United States
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41
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LPT Realty, LLC - Reno
Reno, Nevada, United States
View agency profile
Last updated
August 11
First listed
Jun 26
Listing reference
260008160
Listing status
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