NOT LISTED FOR SALE
3 Beds
1 Bath
2,596 Sq Ft
9,148 Sq Ft Lot

Last Sold April 23, 2024

Last sale price $640,000 $247 Per Sq Ft

7 Days on Market

Highlights

  • Brick or Stone Mason
  • Ceramic Tile Flooring
  • Forced Air Heating and Cooling System
  • Refrigerated Cooling System
  • Landscaped
  • 4-minute walk to Deer Park

About This Home

As of April 2024

This cash flowing triplex in downtown Sparks has a proforma CAP rate of 7.3%. Single home boast 3 bed, 1 bath & carport. It was remodeled in 2019 with new flooring, new kitchen, new bathroom. Separate Duplex consist of two units. Each with with 2 bedrooms and one bath. Units have A/C and washer and dryer hook-ups in each. 2 of the 3 units are rented. Showing are allowed in the vacant side of the duplex. Rents are close to market with room for value add. PLEASE DO NOT DISTURB TENANTS

Last Agent to Sell the Property

Miranda Vaulet

RE/MAX Professionals-Reno License #S.63604 Listed on: 03/01/2024

RE/MAX Professionals-Reno

Co-Listed By

Brent Vaulet

RE/MAX Professionals-Reno License #S.179290

Last Buyer's Agent

Valarie Jackson

Address Income License #BS.146910

Address Income

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,531

Year Built

  • Built in 1951

Lot Details

  • 9,148 Sq Ft Lot
  • Partially Fenced Property
  • Landscaped

Home Design

  • Brick or Stone Mason
  • Slab Foundation
  • Pitched Roof
  • Shingle Roof
  • Composition Roof
  • Masonite
  • Masonry

Interior Spaces

  • 2,596 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Aluminum Window Frames
  • Crawl Space
  • Fire and Smoke Detector
  • Laundry in Kitchen

Kitchen

  • Oven
  • Gas Range

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 4 Parking Spaces
  • Assigned Parking

Schools

  • Mitchell Elementary School
  • Sparks Middle School
  • Sparks High School

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Master Meter
  • Individual Gas Meter
  • Gas Water Heater
  • Internet Available
  • Phone Available

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for all utilities
  • Assessor Parcel Number 03135214

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Vacancy Allowance $1,145
  • Net Operating Income $47,323

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,531

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Year Built: 1951
  • Property Type: Residential Income
  • Lot Features: Landscaped
  • Lot Size Acres: 0.21
  • Road Frontage Type: Public
  • Security Features: Smoke Detector(s)
  • Co List Office Mls Id: 1934-o
  • Co List Office Phone: 775-345-3070
  • Co List Office Mls Id: 1934-o
  • Co List Office Phone: 775-345-3070
  • Directions: Rock Blvd
  • Has Cooling?: Yes
  • Tax Legal Zoning4: MUD
  • Building Stories5: 1
  • Construction Materials Masonite: Yes
  • Lot Features Landscaped: Yes
  • Cooling Central Air: Yes
  • Foundation Details Slab: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: No
  • Water Heater Electric5: Yes
  • Cooling Refrigerated: Yes
  • Security Features Smoke Detector(s): Yes
  • Fencing Partial2: Yes
  • Water Heater Gas5: Yes
  • Construction Materials Brick: Yes
  • Tax Legal Elementary School2: Mitchell
  • Tax Legal High School2: Sparks
  • Lot Lot Size Acres4: 0.21
  • Lot Lot Size Square Feet4: 9147.6
  • Appliances Oven: Yes
  • Appliances Gas Range: Yes
  • Foundation Details Crawl Space2: Yes
  • Tax Legal Tax Annual Amount3: 1530.65
  • Typeof Construction Masonry5: Yes
  • Incomeand Expenses Net Operating Income: 47323.0
  • Contract Rent Control Y N: No
  • Association Community Number Of Buildings2: 2.0
  • Building Number Of Units Total5: 3.0
  • Special Information Onsite Management Y N: No
  • Meter Information Separate Meters Y N: Yes
  • Meter Information Separate Electric Meters Y N: Yes
  • Meter Information Separate Gas Meters Y N: Yes
  • Meter Information Separate Water Meters Y N: No
  • Meter Information Separate Water Heaters Y N: Yes
  • Meter Information One Primary Electric Meter Y N: No
  • Meter Information One Primary Gas Meter Y N: No
  • Meter Information One Primary Water Meter Y N: Yes
  • Tax Legal Middleor Junior School: Sparks
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Appliances: Oven, Gas Range, Refrigerator
  • Flooring: Carpet, Ceramic Tile, Varies
  • Number Of Buildings: 2
  • Owner Pays: All Utilities
  • Window Features: Blinds, Metal Frames, Single Pane Windows
  • Flooring Carpet: Yes
  • Laundry Features In Kitchen: Yes
  • Window Features Blinds: Yes
  • Flooring Ceramic Tile: Yes
  • Window Features Metal Frames: Yes
  • Interior Building Area Total3: 2596.0

Exterior Features

  • Roof: Composition, Pitched, Shingle
  • Stories: 1
  • Construction Type: Brick, Masonite
  • Foundation Details: Slab, Crawl Space
  • Roof Composition: Yes
  • Roof Pitched: Yes
  • Roof Shingle: Yes

Garage/Parking

  • Has Attached Garage?: No
  • Parking Features: Assigned
  • Total Parking Spaces: 4.0
  • Parking Information Parking Total4: 4.0
  • Parking Features Assigned: Yes

Utilities

  • Utilities: Electricity Available, Internet Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Cellular Coverage, Water Meter Installed
  • Water Source: Public
  • Laundry Features: In Kitchen, Varies By Unit
  • Cooling: Central Air, Refrigerated, Varies By Unit
  • Heating: Forced Air, Natural Gas, Varies By Unit
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Phone Available: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Utilities Water Meter Installed: Yes
  • Utilities Internet Available: Yes
  • Heating Forced Air: Yes
  • Heating Natural Gas: Yes
  • Water Source Public: Yes
  • Utilities Heating Y N5: Yes
  • Utilities Cooling Y N5: Yes
  • Owner Pays All Utilities: Yes

Schools

  • Middle Or Junior School: Sparks

Lot Info

  • Parcel Number: 03135214
  • Fencing: Partial
  • Lot Size Sq Ft: 9147.6
  • Zoning: MUD

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Scheduled Income: 57240.0
  • Number Of Units Total: 3
  • Income And Expenses Vacancy Allowance: 1145
  • Income And Expenses Vacancy Allowance: 1145

Tax Info

  • Tax Annual Amount: 1530.65

MLS Schools

  • Elementary School: Mitchell
  • HighSchool: Sparks

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2024 04/23/24 Sold $640,000 -1.5% $247 / Sq Ft
03/07/2024 03/07/24 Pending -- -- --
02/29/2024 02/29/24 For Sale $650,000 -- $250 / Sq Ft
Source: Northern Nevada Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 240002019

Northern Nevada Regional MLS

APN: 031-352-14