For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $618,000
Property Type Multi-Family
Sub Type Apartment Building (up to 8 Units)
Listing Status Sold
Purchase Type For Sale
Square Footage 7,200 sqft
Price per Sqft $85
Subdivision Nv
MLS Listing ID 210012909
Sold Date 03/31/22
Bedrooms 8
Year Built 1956
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type Apartment Building (up to 8 Units)
Property Description
FULLY OCCUPIED 8 plex! Don't miss out on this opportunity to own a well cared for, multifamily unit. Residence sq. ftg. totals 5568. Each unit is 2 BD/1 BA and has a total living area of 696 sq. ft. Current ownership has stabilized rents at higher amounts than in 2020 and have gotten all tenants on long term leases. Though renovations have been made on 2 units, there is still significant value add opportunities through continued interior and exterior renovations to push rents. Owners invested capital in upgrading 1 of the units in 2020. This included handsome new flooring, paint, new appliances and electrical. A 1632 sq. ft. basement serves as a laundry and storage area for the tenants. There are coin operated washers and dryer in the basement and plenty of tenant parking. The apartment building is located on .14 acres. The empty, adjacent .9 acre parcel (APN# 16-0062-11) is included in the sale and provides additional future investment opportunities. APOD is available.
Location
State NV
County Humbolt
Area Winnemucca (Humboldt Co)
Zoning R3
Interior
Heating Hot Water System
Cooling Hot Water System
Flooring Carpet, Laminate
Appliance Oven/Range, Refrigerator, Varies Per Unit
Laundry Common
Exterior
Exterior Feature Masonry Veneer
Fence Back
Utilities Available City/County Water, City Sewer, Electricity, Natural Gas, Varies by Unit
Roof Type Metal,Pitched
Total Parking Spaces 16
Building
Story 2 Story
Foundation Basement/Finished, Masonry
Water Electric
Level or Stories 2 Story
Structure Type Masonry
Schools
Elementary Schools Sonoma Heights Elementary
Middle Schools French Ford Middle School
High Schools Albert Lowry High School
Others
Tax ID 16006210
SqFt Source 7200
Special Listing Condition None
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP