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 yard—perfect 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.
Courtesy of Joshua Skroch and RE/MAX Professionals-Reno. Contact:
Selling Office: RE/MAX Professionals-Reno.
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Data last updated on 06/28/2017.
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