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150 Mortensen

Fernley, NV 89408
  • $515,000
  • STATUS: Closed
  • ON SITE: 152 Days
  • MLS #: 210009813
Sold - 11/15/2021
$515,000
SOLD - 11/15/2021
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,304
    SQFT
  • $224
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1985
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Great investor opportunity to purchase this 4 plex in Fernley. All units occupied, this property rarely has any vacancies. All units have potential for increase in rent rates. Centrally located in the heart of Fernley, easy access to interstate 80, HWY 50, and 95. Property to be sold in As-Is Condition.

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© 2021 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or Theresa Nelson Real Estate | REMAX Professionals. Real estate listings held by brokerage firms other than Theresa Nelson Real Estate | REMAX Professionals are marked with the BROKER RECIPROCITY logo or the BROKER RECIPROCITY thumbnail logo and detailed information about them includes the name of the listing brokerage. 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 and is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2021-12-08T17:19:45.7.
www.nevada.properties/homes/119123315
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150 Mortensen Fernley, NV 89408

  • Price: $525,000
  • Status: Closed
  • On Site: 152 Days
  • Updated: 16 min ago
  • MLS #: 210009813
0
Beds
0
Baths
0
½ Baths
0.17
Acres
2,304
SQFT
$224
$/SQFT
1985
Built
Neighborhood:
Fernley
County:
Lyon
Area:
Fernley
Elementary School:
Fernley
Middle School:
Fernley
High School:
Fernley
Property Description
Great investor opportunity to purchase this 4 plex in Fernley. All units occupied, this property rarely has any vacancies. All units have potential for increase in rent rates. Centrally located in the heart of Fernley, easy access to interstate 80, HWY 50, and 95. Property to be sold in As-Is Condition.
Exterior Features

Construction Wood Frame Exterior Wood Siding Fenced None Foundation Concrete Slab Landscaped None Parking Capacity 4 Parking Types Carport Roof Composition/ShinglePitched Sprinklers None

Interior Features

1 Bedroom Baths 4 1 Bedroom Sq Ft 576 2 Bedroom Baths 0 2 Bedroom Sq Ft 0 3 Bedroom Baths 0 3 Bedroom Sq Ft 0 4 Bedroom Baths 0 4 Bedroom Sq Ft 0 Appliances Oven/RangeRefrigerator Flooring CarpetSheet Vinyl Heating Cooling Natural Gas Laundry None Manager Unit Baths 0 Manager Unit Bedrooms 0 Manager Unit Sq Ft 0 Stories 2 Story Studio Baths 0 Studio Sq Ft 0 Unit Features BalconyBlinds/ShadesSmoke Detector Water Heater Natural Gas Windows Single Pane

Property Features

1 Bedroom Avg Rent Per Unit 650 1 Bedroom Units 4 2 Bedroom Avg Rent Per Unit 0 2 Bedroom Units 0 3 Bedroom Avg Rent Per Unit 0 3 Bedroom Units 0 4 Bedroom Avg Rent Per Unit 0 4 Bedroom Units 0 Access Public Annual Debt Service 0 Annual Expenses 3798 Annual Income And Expenses Actual Annual Vacancy 0 Apod Available No Common Features Alley Access Documents On File Financial Statements Facility Features Separate Heating/CoolingSeparate Meters-ElectricSeparate Meters-WaterSeparate Water HeatersSeparated Meters-GasTenant Pays Utilities Gross Scheduled Income 31200 HUD No Multifamily Type DuplexTriplex4-Plex Net Operating Income 28634 Owners May Sell CashConventionalExchange 1031 Special Condition Of Sale None Studio Avg Rent Per Unit 0 Studio Units 0 Utilities CableCity/County WaterCity SewerElectricityNatural GasTelephoneWater Meter InstalledInternet AvailableCellular Coverage Avail Zoning Actual Nr2

© 2021 Northern Nevada Regional MLS. All rights reserved.
Listing provided courtesy of Ll Realty Inc. - Fernley.

© 2021 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or Theresa Nelson Real Estate | REMAX Professionals. Real estate listings held by brokerage firms other than Theresa Nelson Real Estate | REMAX Professionals are marked with the BROKER RECIPROCITY logo or the BROKER RECIPROCITY thumbnail logo and detailed information about them includes the name of the listing brokerage. 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 and is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2021-12-08T17:19:45.7.
 
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5905 S Virginia Street
Reno NV, 89502