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947 I Street, Sparks, NV 89431 Photo
947 I Street, Sparks, NV 89431 Photo
947 I Street, Sparks, NV 89431 Photo
947 I Street, Sparks, NV 89431 Photo
947 I Street, Sparks, NV 89431 Photo
947 I Street, Sparks, NV 89431 Photo
947 I Street, Sparks, NV 89431 Photo
947 I Street, Sparks, NV 89431 Photo
947 I Street, Sparks, NV 89431 Photo
947 I Street, Sparks, NV 89431 Photo
947 I Street, Sparks, NV 89431 Photo
947 I Street, Sparks, NV 89431 Photo
947 I Street, Sparks, NV 89431 Photo
947 I Street, Sparks, NV 89431 Photo
947 I Street, Sparks, NV 89431 Photo
947 I Street, Sparks, NV 89431 Photo
947 I Street, Sparks, NV 89431 Photo
947 I Street, Sparks, NV 89431 Photo
947 I Street, Sparks, NV 89431 Photo
947 I Street, Sparks, NV 89431 Photo
947 I Street, Sparks, NV 89431 Photo
947 I Street, Sparks, NV 89431 Photo
947 I Street, Sparks, NV 89431 Photo
947 I Street, Sparks, NV 89431 Photo
947 I Street, Sparks, NV 89431 Photo
947 I Street, Sparks, NV 89431 Photo
947 I Street, Sparks, NV 89431 Photo
947 I Street, Sparks, NV 89431 Photo
947 I Street, Sparks, NV 89431 Photo
947 I Street, Sparks, NV 89431 Photo

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947 I Street
Sparks, NV 89431
$740,000
7 Beds | 3 Baths | 1280 sqft | 0.21 Acreage

Investment opportunity with a solid six percent cap rate. The property includes two separate homes on one parcel. The rear home is occupied by a long-term month-to-month tenant, providing immediate income. The front home is vacant, allowing the new owner to lease it at current market rent.The front home has been refreshed with new interior paint, a new stove, and a new dishwasher. It is move-in ready and includes a private fenced yard. The rear home also has generous yard space.Conveniently located in Sparks with a long history of strong occupancy and consistent rental demand. A straightforward investment offering current income, room for rental growth, and separate outdoor space for each residence.

Listed By / Presented By

Listed By

Agency Name: LPT Realty, LLC
Agent Name: Kathryn Courtney
Agency Phone: 775-544-1328
Agent Phone: 775-225-6961

Presented By

Agency Title: Chase International Real Estate
Agency Phone: 775.588.6130

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Contact a Chase Agent for More Information

Property Details

Property Type: Multi Unit - Multiple
Cooling: Electric
Fireplaces: 1
Heating: Forced Air, Natural Gas
Lot Size: 0.21 Acres
Roof Type: Composition
Taxes: $2,403
Year Built: 1960
MLS ID: 260008160

Units

Studio Units:
Bathroom(s): 2
Rent: $2650.00
Square Footage: 1532
1 Bedroom Units:
Bathroom(s): 1
Rent: $1800.00
Square Footage: 945
3 Bedroom Units:

Feature Descriptions

Appliances: Dishwasher, Electric Range, Refrigerator
Construction Type: Site/Stick-Built
Cooling Y/N: Yes
Exterior: Brick Veneer, Frame, HardiPlank Type
Fireplace: Wood Burning
Fireplace Y/N: Yes
Flooring: Luxury Vinyl
Foundation: Crawl Space, Slab
Heating Y/N: Yes
Laundry Features: In Hall, Washer Hookup, Electric Dryer Hookup
Lot Features: Other
OtherStructures: None
Owner Pays: Sewer, Trash Collection
Parcel #: 031-232-37
Parking: Varies by Unit
Pool Features: None
Security Features: Smoke Detector(s)
Sewer: Public Sewer
Sprinklers: None
Tenant Pays: Electricity, Gas, Water
Units: 2
Units Furnished: None
Utilities: Water Meter Installed, Electricity Connected, Natural Gas Connected, Water Connected
Water: Public
Window Features: Vinyl Frames, Double Pane Windows, Window Coverings

Amenities

Ceiling Fan(s)

Schools

High School: Sparks
Middle School: Dilworth
Elementary School: Mitchell

Neighborhood Map

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Demographics

Estimate My Payments

  • Estimated Payment
    $2,063.00
  • Principal & Interest
    $1,646.92
  • Property Tax
    $200.25
  • Homeowner's Insurance
    $215.83
(Payments are an estimate and may vary by lender)

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