NOT LISTED FOR SALE
4 Beds
4 Baths
2,784 Sq Ft
0.25 Acres

Last Sold June 14, 2024

Last sale price $775,000 $278 Per Sq Ft

2 Days on Market

About This Home

As of June 2024

6.9% CAP Rate Remodeled 4-plex close to Western Nevada College in Carson City. Each unit is a one bed one bath with a private patio yard or balcony with mountain views. 2 of the 4 units were remodeled in 2023. In 2023 three furnaces were replacements, new exterior paint, partial replacement on concrete parking area, and updated railing and spindles. Trees were pruned in 2023. Partial fence replacement in 2024. This is a turnkey cash flowing property with stable tenants.

Last Agent to Sell the Property

Miranda Vaulet

RE/MAX Professionals-Reno License #S.63604 Listed on: 05/06/2024

RE/MAX Professionals-Reno

Co-Listed By

Brent Vaulet

RE/MAX Professionals-Reno License #S.179290

Last Buyer's Agent

Gumer Alvarez

Coldwell Banker Select Reno License #S.62360

Coldwell Banker Select Reno

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,528

Year Built

  • Built in 1982

Lot Details

  • 0.25 Acre Lot
  • Back Yard Fenced

Home Design

  • Frame Construction
  • Pitched Roof
  • Wood Siding

Interior Spaces

  • 2,784 Sq Ft Home
  • 2-Story Property
  • Aluminum Window Frames
  • Crawl Space

Kitchen

  • Oven
  • Gas Range

Parking

  • 4 Parking Spaces
  • Carport

Schools

  • Fritsch Elementary School
  • Carson Middle School
  • Carson High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Master Meter
  • Individual Gas Meter
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 00238102

Community Details

Building Details

  • Vacancy Allowance $1,296
  • Net Operating Income $53,520

Additional Features

  • 4 Units
  • No Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,528

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Year Built: 1982
  • Property Type: Residential Income
  • Lot Size Acres: 0.25
  • Road Frontage Type: Public
  • 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: College Park Way
  • Tax Legal Zoning4: Mfa
  • Building Stories5: 2
  • Fencing Back Yard: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: No
  • Water Heater Gas5: Yes
  • Construction Materials Frame: Yes
  • Tax Legal Elementary School2: Fritsch
  • Tax Legal High School2: Carson
  • Lot Lot Size Acres4: 0.25
  • Lot Lot Size Square Feet4: 10890.0
  • Appliances Oven: Yes
  • Appliances Gas Range: Yes
  • Foundation Details Crawl Space2: Yes
  • Tax Legal Tax Annual Amount3: 2527.51
  • Incomeand Expenses Net Operating Income: 53520.0
  • Contract Rent Control Y N: No
  • Association Community Number Of Buildings2: 1.0
  • Building Number Of Units Total5: 4.0
  • 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: Carson
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Oven, Gas Range, Refrigerator
  • Flooring: Varies
  • Number Of Buildings: 1
  • Other Equipment: Varies By Unit
  • Window Features: Metal Frames, Single Pane Windows
  • Window Features Metal Frames: Yes
  • Laundry Features None15: Yes
  • Interior Building Area Total3: 2784.0

Exterior Features

  • Roof: Pitched
  • Stories: 2
  • Construction Type: Frame, Wood Siding
  • Foundation Details: Crawl Space
  • Construction Materials Wood Siding: Yes
  • Roof Pitched: Yes

Garage/Parking

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

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available, Water Meter Installed
  • Water Source: Public
  • Laundry Features: None
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Utilities Water Meter Installed: Yes
  • Heating Forced Air: Yes
  • Heating Natural Gas: Yes
  • Water Source Public: Yes
  • Utilities Heating Y N5: Yes

Schools

  • Middle Or Junior School: Carson

Lot Info

  • Parcel Number: 00238102
  • Fencing: Back Yard
  • Lot Size Sq Ft: 10890.0
  • Zoning: Mfa

Multi Family

  • Gross Scheduled Income: 64800.0
  • Number Of Units Total: 4
  • Income And Expenses Vacancy Allowance: 1296
  • Income And Expenses Vacancy Allowance: 1296

Tax Info

  • Tax Annual Amount: 2527.51

MLS Schools

  • Elementary School: Fritsch
  • HighSchool: Carson

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 List to Sale Price per Sq Ft Prior Sale
06/14/2024 06/14/24 Sold $775,000 0.0% $278 / Sq Ft
05/07/2024 05/07/24 Pending -- -- --
05/05/2024 05/05/24 For Sale $775,000 +22.8% $278 / Sq Ft
03/01/2023 03/01/23 Sold $631,000 -2.9% $227 / Sq Ft View Prior Sale
01/23/2023 01/23/23 Pending -- -- --
09/26/2022 09/26/22 For Sale $650,000 -- $233 / 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: 240005217

Northern Nevada Regional MLS

APN: 002-381-02