409 6th St

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!