1720 H St, Sparks, NV 89431

$525,000
2
BD
2
BA
900
SqFt

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List Price
$525,000
Status
ACTIVE
Days on Market
246
MLS#
260000836
Subtype
Residential Income
Year Built
1963
Bedrooms
2
Bathrooms
2
Living Area
900
Lot Size
6,011
Acres
0.14
Subdivision
Newtown Tract

Property Description

This duplex is priced to sell based on actual in-place income rather than pro forma projections, with both units currently rented below market. Offered at nearly 200k below any other duplex in the area, this is a rare opportunity to acquire a turnkey investment with built-in upside from day one. The property is already producing steady income, with one unit operating near market and the second offering a clear value-add path. Simple cosmetic updates can unlock higher rents without the need for major renovation, allowing a new owner to increase returns while maintaining stable cash flow. Property Highlights: Turnkey two-unit investment in a high-demand rental area Below-market rents with immediate upside potential RUBS reimbursement system in place Opportunity to increase rents as-is or through light cosmetic improvements Strong long-term hold with both cash flow and appreciation potential Whether you plan to hold for reliable income, implement light upgrades to maximize yield, or both, this property presents an exceptional value compared to other duplex offerings in the market and a unique chance to secure a high-performing investment at a significant discount.

Additional Information

Taxes
$1,438
Zoning
MUD
Flooring
Carpet, Laminate, Vinyl
Appliances
Dryer, Disposal, Gas Range, Refrigerator, Washer, Oven
Heating
Natural Gas
Air Conditioning
Central Air
Levels
One
Roof
Composition, Shingle
Foundation
Crawl Space
Parking Features
Common, None, Rv/Boat Parking
Garage
Common, None, Rv/Boat Parking
Elementary School
Smith
Middle School
Sparks
High School
Sparks

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Courtesy of Henry Abts V and Sierra Sotheby's International. Contact:

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Data last updated on 06/28/2017.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Northern Nevada Regional MLS. Real estate listings held by brokerage firms other than owner of this page are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.

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