Fantastic investment opportunity! This multi-family home features two units, the larger featuring three bedrooms and one bath and the other is a one bedroom one bath, all situated on a rare, oversized corner lot brimming with possibilities. Both units have been updated throughout its years and have long term tenants. The yard is fully fenced and partially landscaped. Amazing potential for expansion.
Duplex in Sparks with new roof, new exterior paint, and new sewer line, ready for new owner or investor.
Incredible multifamily investment opportunity in a prime Sparks location. Newly remodeled units featuring new interior doors, fresh paint, updated flooring, modern lighting, and more. Coin-operated laundry for extra income, plus a security system in one unit and exterior security cameras for added safety. Conveniently located near The Nugget Casino, entertainment, a movie theater, and easy freeway access.
Incredible investment opportunity located in the heart of Sparks! This 3 unit property consisting of duplex, and a 1 Bedroom SFR, is the perfect income generating property. Updates that have been completed since ownership of the property include, new fencing, railings, a bathroom remodel, newer appliances, new flooring, and more. Each unit has their own private, fenced in yard. Long term tenants, solid rents, and low maintenance make this a perfect investment property. - Seller is related listing agent.
Excellent opportunity with instant Cash-Flow. Hybrid of three income properties on one lot. The Tri-plex has one two bed, one bath unit and two one bed one bath units - 1612 sq ft. One Convenience Store "Nemo's Market" - 1440 sq ft. Commercial building plus the current business and one single family home consisting of five bedrooms and 2 bathrooms- 1147 sq ft with 1008 sq.ft. finished basement.
3 SFRs on 1 APN zoned MUD on 0.129 acres! The primary unit, built in 1917, fronts 4th Street and boasts 2 bedrooms, 1 bath, and 1,262 square feet of living space. Exterior walls are stucco. The middle unit, constructed in 1942, offers 2 bedrooms, 1 bath, and 818 square feet of space. Exterior walls are Asphalt Shingle. Lastly, the studio, also built in 1942, comes with a 1-car garage and covers 300 square feet. Exterior walls are Asphalt Shingle. Come see the endless possibilities for this lot!
Well cared for property with two homes on one lot with plenty of room for RV parking. The main home has 2 bedrooms, 1 bath, carport and yard. This home has a new refrigerator, gas stove, and dishwasher. Each home is 936 Sq. Ft. The guest house looks like a mountain cabin with tongue and groove pine throughout as well as custom tile work in the bathroom. The guest house also has a carport, yard and is is fueled by propane. Each home is separately metered for water and electricity.
Seller financing is available, and seller would prefer to sell as a portfolio with The Townsite (250 W Commercial). With seller financing terms for both assets, buyer would cash flow and potential cash on cash could be around 8%. Sparks Studios is a charming, retro, mid-century modern 23 unit complex located at 2150 Victorian Ave, Sparks, NV. This multi-family property offers a mix of studio and one-bedroom units, ranging in size from 220 to 400 square feet, making it a cozy and efficient living space.
The median home value in Sparks, NV is $402,250. This is lower than the county median home value of $507,300. The national median home value is $338,100. The average price of homes sold in Sparks, NV is $402,250. Approximately 54.96% of Sparks homes are owned, compared to 38.94% rented, while 6.11% are vacant. Sparks real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Sparks real estate agent to arrange a tour today!
Sparks, Nevada 89431 has a population of 106,900. Sparks 89431 is more family-centric than the surrounding county with 29.8% of the households containing married families with children. The county average for households married with children is 29.62%.
The median household income in Sparks, Nevada 89431 is $73,678. The median household income for the surrounding county is $74,292 compared to the national median of $69,021. The median age of people living in Sparks 89431 is 37.7 years.
The average high temperature in July is 91.4 degrees, with an average low temperature in January of 24.4 degrees. The average rainfall is approximately 8 inches per year, with 18.5 inches of snow per year.