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85 West Street

Fernley, NV 89408
  • $374,000
  • STATUS: Closed
  • ON SITE: 312 Days
  • MLS #: 230008937
Sold - 12/04/2023
$374,000
SOLD - 12/04/2023
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,536
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1964
County:
Area:

School Ratings & Info

Description

Long term tenants are paying below market rent. New tenant rents are 1100.00 per month. Well maintained investment opportunity in the fast-growing City of Fernley. Seller has two others available for a total of 6 units plus a .27 vacant lot in the middle for additional units. All zoned MF30, which allows for up to 30 units per acre.

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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: 2024-06-12T10:20:10.397.
www.vaulethomes.com/homes/142164953
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85 West Street Fernley, NV 89408

  • Price: $389,000
  • Status: Closed
  • On Site: 312 Days
  • Updated: 47 min ago
  • MLS #: 230008937
0
Beds
0
Baths
0
½ Baths
0.15
Acres
1,536
SQFT
$0
$/SQFT
1964
Built
Neighborhood:
Fernley
County:
Lyon
Area:
Fernley
Property Description
Long term tenants are paying below market rent. New tenant rents are 1100.00 per month. Well maintained investment opportunity in the fast-growing City of Fernley. Seller has two others available for a total of 6 units plus a .27 vacant lot in the middle for additional units. All zoned MF30, which allows for up to 30 units per acre.
Exterior Features

Construction Wood Frame Exterior Vinyl Siding Fenced Partial Foundation Concrete/Crawl Space Landscaped Partially Landscaped Parking Capacity 6 Parking Types CarportAttached Roof Pitched Sprinklers None

Interior Features

1 Bedroom Baths 0 1 Bedroom Sq Ft 0 2 Bedroom Baths 1 2 Bedroom Sq Ft 768 3 Bedroom Baths 0 3 Bedroom Sq Ft 0 4 Bedroom Baths 0 4 Bedroom Sq Ft 0 Appliances RefrigeratorOven/Range Flooring Varies by Unit Heating Cooling Wall Heater Laundry None 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 Blinds/ShadesPatio/DeckSmoke Detector Water Heater Varies by Unit Windows Double PaneVinyl Frame

Property Features

1 Bedroom Avg Rent Per Unit 0 1 Bedroom Units 0 2 Bedroom Avg Rent Per Unit 900 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 3500 Annual Income And Expenses Actual Annual Vacancy 0 Apod Available Yes Ccr Restrictions Yes Common Features None Documents On File Financial StatementsRental/Leases Facility Features Separated Meters-GasSeparate Meters-ElectricSeparate Meters-WaterSeparate Water HeatersTenant Pays Utilities Green Feature Double Pane Windows Green Features None Gross Scheduled Income 21000 Multifamily Type DuplexTriplex4-Plex Net Operating Income 17500 Owners May Sell Exchange 1031ConventionalCash Sale Lease For Sale Special Condition Of Sale None Studio Avg Rent Per Unit 0 Studio Units 0 Utilities City/County WaterCity SewerElectricityNatural Gas Zoning Actual MF30

Northern Nevada Regional MLS logo © 2024 Northern Nevada Regional MLS. All rights reserved.
Listing provided courtesy of Cardin Realty Pros: .

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: 2024-06-12T10:20:10.397.
 
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