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1858 E St
Sparks, NV 89431
1858 E Street, Sparks, NV · Multifamily Property For Sale
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7 Units

PROPERTY FACTS
| No. Units | 7 | Lot Size | 0.21 AC |
| Property Type | Multifamily | Building Size | 2,845 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Garden | No. Stories | 1 |
| Building Class | C | Year Built | 1946 |
| Zoning | R4 | ||
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 2,845 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1946 |
| Zoning | R4 |
ABOUT 1858 E ST , SPARKS, NV 89431
Fully Leased Multi-Family Investment Property: Premium location near schools, park and public transportation Consisting of 4 buildings on One parcel- 6- 1 bedroom, 1 bath units 1 studio unit 1858 E Street - 1 bed/1 bath single unit building 1866 E Street - 1 bed/1 bath single unit building Triplex: 616 19th Street - studio/1 bathroom unit 618 19th Street - 1 bed/1 bath unit 620 19th Street - 1 bed/1 bath unit Duplex: 624 19th Street - 1 bed/1 bath unit 628 19th Street - 1 bed/1 bath unit (This unit is HUD certified Housing) Most units are in an active lease and rents are under market. Owner pays trash and sewer - tenants pay water and gas/electric. Recent improvements since the current owner purchased the property in 2012: The fence we had installed to give each building a separate space and rock down in all of the front and back yards. All of the windows and doors were chalked and sealed. List of improvements by unit number. 1. 1866 E St – new wall heater 2017, trimmed trees 2. 616 19th – new sidewalk to units 616 and 618, new carpet and repainted interior, new blinds, new window a/c unit 3. 618 19th – new wall heater, carpet, repainted interior, new blinds, window a/c unit 4. 620 19th – new carpet, repainted interior, new blinds 5. 624 19th – new wall heater 2016, new carpet in the living room and bedroom, new vinyl plank flooring in the kitchen, new blinds, repainted interior, new bathroom (toilet, shower, flooring, sink w/cabinet), trimmed trees 6. 628 19th – new wall heater 2016, new carpet in the living room and bedroom, new vinyl plank flooring in the kitchen, repainted interior, new blinds, new water heater, window a/c unit
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 1 | $542.50 | 350 - 560 |
| 1+1 | 6 | $625.00 | 540 - 560 |
PROPERTY TAXES
| Parcel Number | 031-341-16 | Improvements Assessment | $34,666 |
| Land Assessment | $61,915 | Total Assessment | $96,581 |
PROPERTY TAXES
Listing ID: 8699702
Date on Market: 8/16/2017
Last Updated:
Address: 1858 E St, Sparks, NV 89431
The Downtown Sparks Multifamily Property at 1858 E St, Sparks, NV 89431 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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