This listing is NOT a foreclosure. This fully leased rental is bringing in 2,200/month and offers immediate income with a tenant already inplace. More investors are skipping the vacancy risk and focusing on homes like thisalready rented, already performing, and ready to go. Features include 2 bedrooms, 2 bathrooms, 1,416 sqft, with a bonus room, a newer HVAC system, and a freshly painted exterior (2024). Lease runs through July 1, 2026. 5.15 Cap Rate on current, actual rents. Managed with annual inspections and fast-response maintenance. Offered individually or along with 1069 Palmwood Dr and 1218 Junction Dr as part of a Sparks-based portfolio, for 1,295,000 for all three properties combined.nnDrive by only. Do not disturb tenants. Contact the listing agent for detailed financials or portfolio info.This MLS Resale home is a single family home located in SPARKS. It offers 0.1 acres in size, 2 beds and 3 baths. Review its detailed information and determine if this SPARKS MLS Resale has the qualities you are looking for.
This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
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Property Info
Property ID1022058130
MLS Number250052192
Parcel Number036-612-06
CountyWASHOE
Bedrooms2
Bathrooms3.0
Living Area (sqft)1,416
Price/sqft$300
Year Built01/01/1988
Property TypeSingle Family Home
Lot Size0.1 acres
Stories2
Total Units1
HeatingForced Air, Heating
CoolingCentral Air
Roof TypeComposition Shingle
Construction TypeFrame
Exterior WallsWood