This fully leased rental is bringing in 2,200/month and offers immediate income with a tenant already in place. More investors are skipping the vacancy risk and focusing on homes like this-already 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.Drive by only. Do not disturb tenants. Contact the listing agent for detailed financials or portfolio info.
Listed By
Agency Name: Address Income
Agency Phone: 775-233-0754
Agent Name: Jake Andronico
Agent Phone: 415-233-1796
Presented By
Agent Name: Marlene Pierce
Agent Phone: 530.545.8907
Agency Title: Chase International Real Estate
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1544 Woodhaven Lane, Sparks, NV 89434.
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