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809 16th St

Sparks, NV 89431
  • $450,000
  • STATUS: Active
  • ON SITE: 21 days
  • MLS #: 210010006
UPDATED: 33 min ago
$450,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,585
    SQFT
  • $284
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1956
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Cash flowing duplex close to Victoria Square. The main home is 3 bed, 1 bath and has an updated kitchen, living room and bathroom. The second home is 2 bed and 1 bath. Both homes sit on a large corner lot , 6011 sq ft, located close to Victoria Sq, shops, restaurants and the freeway. The current leases are month-to-month. The pro-forma CAP rate is 5.1%. Offering Memorandum is available.

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© 2021 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or Morales Hall Group | RE/MAX Professionals. Real estate listings held by brokerage firms other than Morales Hall Group | RE/MAX Professionals are marked with the BROKER RECIPROCITY logo or the BROKER RECIPROCITY thumbnail logo and detailed information about them includes the name of the listing brokerage. The data relating to real estate for sale on this web site comes in part from the BROKER RECIPROCITY Program of the Northern Nevada Regional MLS and is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2021-08-03T07:19:55.78.
www.moraleshallgroup.com/homes/119221467
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809 16th St Sparks, NV 89431

  • Price: $450,000
  • Status: Active
  • Updated: 33 min ago
  • MLS #: 210010006
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1,585
SQFT
$284
$/SQFT
1956
Built
Neighborhood:
Sparks
County:
Washoe
Area:
Sparks
Elementary School:
Mitchell, Robert
Middle School:
Sparks
High School:
Sparks
Property Description
Cash flowing duplex close to Victoria Square. The main home is 3 bed, 1 bath and has an updated kitchen, living room and bathroom. The second home is 2 bed and 1 bath. Both homes sit on a large corner lot , 6011 sq ft, located close to Victoria Sq, shops, restaurants and the freeway. The current leases are month-to-month. The pro-forma CAP rate is 5.1%. Offering Memorandum is available.
Exterior Features

Construction Wood Frame Exterior Metal SidingWood Siding Fenced Partial Foundation Concrete Slab Landscaped Partially Landscaped Parking Capacity 4 Parking Types Common Roof Composition/ShinglePitched Sprinklers None

Interior Features

1 Bedroom Baths 0 1 Bedroom Sq Ft 0 2 Bedroom Baths 1 2 Bedroom Sq Ft 790 3 Bedroom Baths 1 3 Bedroom Sq Ft 835 4 Bedroom Baths 0 4 Bedroom Sq Ft 0 Appliances Oven/RangeRefrigerator Flooring CarpetCeramic TileLaminate Heating Cooling Forced AirNatural Gas Laundry HallVaries Per Unit Manager Unit Baths 0 Manager Unit Bedrooms 0 Manager Unit Sq Ft 0 Stories 1 Story Studio Baths 0 Studio Sq Ft 0 Unit Features Patio/Deck Water Heater Natural Gas Windows Double Pane

Property Features

1 Bedroom Avg Rent Per Unit 0 1 Bedroom Units 0 2 Bedroom Avg Rent Per Unit 1100 2 Bedroom Units 1 3 Bedroom Avg Rent Per Unit 1300 3 Bedroom Units 1 4 Bedroom Avg Rent Per Unit 0 4 Bedroom Units 0 Access Public Annual Debt Service 0 Annual Expenses 6597 Annual Income And Expenses Pro Forma Annual Vacancy 1224 Apod Available No Common Features None Documents On File Rental/Leases Facility Features Separate Meters-ElectricSeparate Meters-WaterSeparated Meters-Gas Green Feature Double Pane Windows Green Features None Gross Scheduled Income 30600 Multifamily Type DuplexTriplex4-Plex Net Operating Income 22779 Owners May Sell CashConventionalExchange 1031 Special Condition Of Sale None Studio Avg Rent Per Unit 0 Studio Units 0 Utilities City SewerCity/County WaterElectricityNatural Gas Zoning Actual Mud

© 2021 Northern Nevada Regional MLS. All rights reserved.
Listing provided courtesy of Re/Max Professionals-Reno.

© 2021 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or Morales Hall Group | RE/MAX Professionals. Real estate listings held by brokerage firms other than Morales Hall Group | RE/MAX Professionals are marked with the BROKER RECIPROCITY logo or the BROKER RECIPROCITY thumbnail logo and detailed information about them includes the name of the listing brokerage. The data relating to real estate for sale on this web site comes in part from the BROKER RECIPROCITY Program of the Northern Nevada Regional MLS and is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2021-08-03T07:19:55.78.
 
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