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. Showing available only with an accepted offer.
Listed By
Agency Name: Address Income
Agency Phone: 775-233-0754
Agent Name: Jake Andronico
Agent Phone: 415-233-1796
Presented By
Agent Name: Miranda Miller
Agent Phone: 530.580.7099
Agency Title: Chase International Real Estate
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1544 Woodhaven Lane, Sparks, NV 89434.
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