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USANVSparksNewtown Tract737 16Th St
737 16 Th St, Home with 0 bedrooms, 0 bathrooms and null parking in Sparks NV | Image 1
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$820,000

737 16 Th St, Sparks, NV

Real Estate

For Sale

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  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential Income
Size -
Garage No
Taxes $2,227
Days Active 1
Lot Size 
Approx. Age 1938
MLS® Number 250054980

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Fully permitted triplex with a newer roof, exterior paint, and interior renovations! Featuring a standalone 2-bed, 2-bath house in the back built in 1988 with 1, 002 sq. Ft., a private backyard, ample parking, in-unit laundry, and a storage shed. On the same lot, there's a permitted duplex in the front of the parcel — each unit offering 2 bedrooms, 1 bath, and 1, 037 sq. Ft. Apiece, also with ample parking and in-unit laundry. Two units have been recently renovated with new flooring, paint, countertops, and more. The top duplex unit has been recently painted and is currently rented at 1, 700/month. With achievable market rents of 2, 000 for the standalone house, 1, 700 for the top duplex unit, and 1, 700 for the bottom duplex unit, the property pencils at a 6 cap at the asking price. Recent upgrades include a newer roof, fresh exterior paint, interior paint, and ongoing interior improvements — making this a turnkey opportunity with strong cash flow and long-term equity growth, in a very desirable rental area. Only 25 minutes from the Tesla Gigafactory and Semi Truck factory! Reach out to listing agent for full cash flow analysis breakdown.Show Description
MLS® Number250054980
Laundry LevelIn Kitchen
Central VacNo
FireplaceNo
Acreage0.14
ExteriorRain Gutters
GarageNo
Approx. Age1938
Basement
DrivewayAlley Access, Common, Varies by Unit
Garage Spaces
HeatForced Air
A/CWall/Window Unit(s)
Heating Fuel

Extras

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