Description
Extensive remodel of a beautiful historic building located near Victorian Square. Current 7 percent plus cap rate for this property. All three upstairs 1 bed/1 bath units, and the large 4 bed / 2 bath downstairs unit have been fully remodeled. All four units are rented on month-to-month leases for maximum flexibility for new new owner, but tenants would like to stay long term. This property is an exceptional investment.
Details
| MLS # | 260003489 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active Under Contract-show |
| Year | 1903 |
| Days On Site | 154 |
| Listing Provided By | West River Real Estate | Brian Gonsalves |
Features
| Bed(s) | 7 |
|---|---|
| Bath(s) | 5 |
| SQ Feet | 3,500 |
| Story(s) | 2 |
| Units | 4 |
| Zoning | MUD |
| Acreage | 0.14 |
Interior
| Heating | Electric |
|---|---|
| Heating Yes / No | Yes |
| Cooling | Electric |
| Cooling Yes / No | Yes |
| Window Features | Varies |
| Appliances | Oven, Gas Range, Refrigerator |
| Fireplace Yes / No | No |
Exterior
| Roof | Asphalt |
|---|---|
| Exterior Features | None |
| Lot Features | Landscaped |
| Construction Materials | Frame, Wood Siding |
| Foundation Details | Crawl Space |
| Fencing | Front Yard |
Parking
| Parking Features | Alley Access, Garage |
|---|---|
| Attached Garage Yes / No | No |
Utilities
| Utilities | Electricity Available, Natural Gas Available, Water Available |
|---|---|
| Sewer | Public Sewer |
Location
| Senior Community Yes / No | No |
|---|
Taxes
| Property | 2125 |
|---|
Area Information
| State | NV |
|---|---|
| County | Washoe |
| City | Sparks |
| Zip Code | 89431 |
| Area | Washoe |
| Community Name | O'Sullivan Addition |
| School District | Sparks |
| Elementary School | Lincoln Park |
| High School | Sparks |
| Listing VS Median (in O'Sullivan Addition) | |
Price: $995,000 low | high Med: $499,900 sqft: 3,500 low | high Med: 1,184 $ / sqft: $284 low | high Med: $422 On site: 154 low | high Med: 104 | |
Market Activity 89431
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Learn More About This Property
| State | NV |
|---|---|
| County | Washoe |
| City | Sparks |
| Zip Code | 89431 |
| Area | Washoe |
| Community Name | O'Sullivan Addition |
| School District | Sparks |
| Elementary School | Lincoln Park |
| High School | Sparks |
| Listing VS Median (in O'Sullivan Addition) | |
Price: $995,000 low | high Med: $499,900 sqft: 3,500 low | high Med: 1,184 $ / sqft: $284 low | high Med: $422 On site: 154 low | high Med: 104 | |
Listing Updated: July 23, 2026 at 5:40:09 PM PDT