Investment opportunity with a solid six 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.
Listed By
Agency Name: LPT Realty, LLC
Agent Name: Kathryn Courtney
Agency Phone: 775-544-1328
Agent Phone: 775-225-6961
Presented By
Agent Name: Leann Dupre
Agent Phone: 530.307.3490
Agency Title: Chase International Real Estate
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947 I Street, Sparks, NV 89431.
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