Skip To Content

409 6th St

Sparks, NV 89431
  • $575,000
  • STATUS: Active
  • ON SITE: 48 Days
  • MLS #: 240002109
$575,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,920
    SQFT
  • $299
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1980
County:
Area:

School Ratings & Info

Description

Don't miss this opportunity, first time on the market in nearly 30 years! Here is your chance to own an amazing investment property in the heart of Sparks! Walking distance to Victorian Square and all the events that happen in Sparks, walking distance to the new amphitheater, and the Casinos! This location cannot be beat! there are 2 units, each are 960 sq ft, (+ or -) with 2 bedrooms and 1 bath each. They have their own laundry hookups as well. These units are large with an open feel "great room" set up for the primary living areas, the floorplan makes these units feel much bigger than their size would indicate. The kitchens are large and open with an eat in breakfast nook and lots of cabinet space. The bedrooms are impressively sized and don't feel crowded at all. The single bath is ideally located between the bedrooms. There is off street parking in the detached garage with alley access. The units can use some cosmetic TLC and the tenants are month to month long term residents, the current rent is below market for the area and there is room for increase to market rates even in its current condition. There is a TON of upside income available for the owner who wants to add some cosmetic updating and turn them into a VRBO/Airbnb. The income potential is unlimited with the proximity to Victorian Square and the surrounding casinos. You could make your whole year with Hot August Nights; Street Vibrations and the Nugget Rib cook off! This is a steal to the right buyer with the foresight to see what this duplex could truly be. The neighborhood is nicely maintained, and the properties are well kept. Don't wait on this unit, Duplex and multi-Family properties are rare and this unit, with its location and income potential is rarer still!

Monthly Payment Calculator

Northern Nevada Regional MLS logo © 2024 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or Vaulet Group Real Estate at RE/MAX. Real estate listings held by brokerage firms other than Vaulet Group Real Estate at RE/MAX are marked with the BROKER RECIPROCITY logo or the BROKER RECIPROCITY thumbnail logo and detailed information about them includes the name of the listing brokerage. The data relating to real estate for sale on this web site comes in part from the BROKER RECIPROCITY Program of the Northern Nevada Regional MLS and is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-04-04T00:19:59.58.
www.vaulethomes.com/homes/148205481
Print Image

409 6th St Sparks, NV 89431

  • Price: $575,000
  • Status: Active
  • On Site: 48 Days
  • MLS #: 240002109
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1,920
SQFT
$299
$/SQFT
1980
Built
Neighborhood:
Sparks
County:
Washoe
Area:
Sparks
Property Description
Don't miss this opportunity, first time on the market in nearly 30 years! Here is your chance to own an amazing investment property in the heart of Sparks! Walking distance to Victorian Square and all the events that happen in Sparks, walking distance to the new amphitheater, and the Casinos! This location cannot be beat! there are 2 units, each are 960 sq ft, (+ or -) with 2 bedrooms and 1 bath each. They have their own laundry hookups as well. These units are large with an open feel "great room" set up for the primary living areas, the floorplan makes these units feel much bigger than their size would indicate. The kitchens are large and open with an eat in breakfast nook and lots of cabinet space. The bedrooms are impressively sized and don't feel crowded at all. The single bath is ideally located between the bedrooms. There is off street parking in the detached garage with alley access. The units can use some cosmetic TLC and the tenants are month to month long term residents, the current rent is below market for the area and there is room for increase to market rates even in its current condition. There is a TON of upside income available for the owner who wants to add some cosmetic updating and turn them into a VRBO/Airbnb. The income potential is unlimited with the proximity to Victorian Square and the surrounding casinos. You could make your whole year with Hot August Nights; Street Vibrations and the Nugget Rib cook off! This is a steal to the right buyer with the foresight to see what this duplex could truly be. The neighborhood is nicely maintained, and the properties are well kept. Don't wait on this unit, Duplex and multi-Family properties are rare and this unit, with its location and income potential is rarer still!
Exterior Features

Construction Wood Frame Exterior Vinyl Siding Fenced Partial Foundation Concrete Slab Landscaped Partially LandscapedYes Parking Capacity 3 Parking Types GarageDetached Roof Composition/ShinglePitched Sprinklers None

Interior Features

1 Bedroom Baths 0 1 Bedroom Sq Ft 0 2 Bedroom Baths 2 2 Bedroom Sq Ft 960 3 Bedroom Baths 0 3 Bedroom Sq Ft 0 4 Bedroom Baths 0 4 Bedroom Sq Ft 0 Appliances RefrigeratorOven/RangeDisposalDishwasherVaries Per Unit Flooring LaminateSheet VinylWoodVaries by Unit Heating Cooling Natural GasForced AirVaries by Unit Laundry KitchenHook-UpVaries Per Unit Manager Unit Baths 0 Manager Unit Bedrooms 0 Manager Unit Sq Ft 0 Stories 1 Story Studio Baths 0 Studio Sq Ft 0 Unit Features NoneSmoke DetectorVaries Per Unit Water Heater Natural Gas Windows Double PaneMetal FrameVaries by Unit

Property Features

1 Bedroom Avg Rent Per Unit 0 1 Bedroom Units 0 2 Bedroom Avg Rent Per Unit 1100 2 Bedroom Units 2 3 Bedroom Avg Rent Per Unit 0 3 Bedroom Units 0 4 Bedroom Avg Rent Per Unit 0 4 Bedroom Units 0 Access Public Annual Debt Service 0 Annual Expenses 0 Annual Income And Expenses Actual Annual Vacancy 0 Apod Available No Ccr Restrictions No Common Features Alley Access Documents On File None Facility Features Separated Meters-GasSeparate Meters-ElectricSeparate Meters-WaterSeparate Water HeatersSeparate Heating/CoolingTenant Pays Utilities Green Feature Double Pane Windows Green Features None Gross Scheduled Income 25200 HUD No Multifamily Type DuplexTriplex4-Plex Net Operating Income 0 Owners May Sell Exchange 1031ConventionalCash Sale Lease For Sale Special Condition Of Sale None Studio Avg Rent Per Unit 0 Studio Units 0 Utilities CableCity/County WaterCity SewerElectricityNatural GasTelephoneVaries by UnitWater Meter InstalledInternet AvailableCellular Coverage Avail Zoning Actual MUD

Northern Nevada Regional MLS logo © 2024 Northern Nevada Regional MLS. All rights reserved.
Listing provided courtesy of Coldwell Banker Select Reno: .

Northern Nevada Regional MLS logo © 2024 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or Vaulet Group Real Estate at RE/MAX. Real estate listings held by brokerage firms other than Vaulet Group Real Estate at RE/MAX are marked with the BROKER RECIPROCITY logo or the BROKER RECIPROCITY thumbnail logo and detailed information about them includes the name of the listing brokerage. The data relating to real estate for sale on this web site comes in part from the BROKER RECIPROCITY Program of the Northern Nevada Regional MLS and is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-04-04T00:19:59.58.
 
https://bt-photos.global.ssl.fastly.net/reno/orig_boomver_1_240002109-2.jpg https://bt-photos.global.ssl.fastly.net/reno/orig_boomver_1_240002109-2.jpg https://bt-photos.global.ssl.fastly.net/reno/orig_boomver_1_240002109-2.jpg
Logo
Vaulet Group Real Estate at RE/MAX
5905 S. Virginia St. Suite 300
Reno NV, 89502