New fence, new paint inside and outside, new Pergo floor, upgrade kitchen for each unit. Security camera installed. New Management. 1st 130k loan is assumable at 6.5%. Seller will consider 1031 exchanges,BUYER TO VERIFY ALL PROPERTY INFORMATIONS
Complex has two separate buildings. Building in front is built in 2008, stucco exterior, units are 2 bed, 1 1/2 baths, stackable washer and dryers in each unit. The building in the back is actually a 4-plex that needs attention, with 2 units up and 2 units down. Only 3 units currently rented. Units in back have great great upside potential. Location is next door to Victorian Square and Movie Theater. APOD on file under documents.
This is a special piece of property on Sullivan Lane. It is zoned for multiple units. There is a 2 bed home on one parcel that has been totally upgaded with new windows, doors and insulation put in by the airport authority. It also has all new vinyl siding and central air. The balance of the property is about 1.69 bare acreage just waiting for senior housing. The lot that the home sits on makes much more Sullivan Road frontage. Investors look at this package. Realtor is partial owner. There are two parcels.
Older Sparks duplex, block construction, two 1-bedroom units with separate bedroom & living area behind main front house which faces H Street. Front house has 3 bedrooms and 1 bath. Brick facade. Front house has an added room in the back. Garage on property. This property needs work including but not limited to roofing, landscaping, etc. Drive-by only to make an offer subject to inspection. No landscaping. Short sale - allow extra time for response from sellers. No repairs will be made by sellers.
Turn Key Major Remodel job just completed, Permits pull by licensed contractor and inspections done and passed by City of Sparks. This was remodeled to be a long term rental. Over 70k done in repairs for 2 like new homes that will be cash cows for years to come. Live in one rent the other. Both are 2 bedroom, but the front house may qualify for a third bedroom or an office.