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431 Wright Way

Sparks, NV 89431
  • $1,590,000
  • STATUS: Active
  • ON SITE: 32 Days
  • MLS #: 240014209
UPDATED: 88 min ago
$1,590,000
  • 0
    BEDS
  • 0.21
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,207
    SQFT
  • $305
    $/SQFT
Type:
Multi-Family
Built:
1950
County:

School Information

Elementary School:
Middle School:
High School:

Description

Excellent opportunity with instant Cash-Flow. Hybrid of three income properties on one lot. The Tri-plex has one two bed, one bath unit and two one bed one bath units - 1612 sq ft. One Convenience Store "Nemo's Market" - 1440 sq ft. Commercial building plus the current business and one single family home consisting of five bedrooms and 2 bathrooms- 1147 sq ft with 1008 sq.ft. finished basement. Nemo’s Market: Proven to be a viable business opportunity for the last 26 years! Beer, Wine, and various sundries. Well established, high visibility. Located on a busy street, ensures a high volume of vehicle and foot traffic and a steady stream of clientele. Additionally, this business is strategically located opposite the City of Sparks Building, adjacent to residential as well as several business’s. Contact Burt Myers for all questions pertaining to the commercial building "Nemo's Market".

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Northern Nevada Regional MLS logo © 2024 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: 2024-12-11T00:19:51.57.
www.nevada.properties/homes/157680041
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431 Wright Way Sparks, NV 89431

  • Price: $1,590,000
  • Status: Active
  • On Site: 32 Days
  • Updated: 88 min ago
  • MLS #: 240014209
0
Beds
0
Baths
0
½ Baths
0.21
Acres
5,207
SQFT
$305
$/SQFT
1950
Built
County:
Washoe
Elementary School:
Lincoln Park
Middle School:
Dilworth
High School:
Sparks
Property Description
Excellent opportunity with instant Cash-Flow. Hybrid of three income properties on one lot. The Tri-plex has one two bed, one bath unit and two one bed one bath units - 1612 sq ft. One Convenience Store "Nemo's Market" - 1440 sq ft. Commercial building plus the current business and one single family home consisting of five bedrooms and 2 bathrooms- 1147 sq ft with 1008 sq.ft. finished basement. Nemo’s Market: Proven to be a viable business opportunity for the last 26 years! Beer, Wine, and various sundries. Well established, high visibility. Located on a busy street, ensures a high volume of vehicle and foot traffic and a steady stream of clientele. Additionally, this business is strategically located opposite the City of Sparks Building, adjacent to residential as well as several business’s. Contact Burt Myers for all questions pertaining to the commercial building "Nemo's Market".
Exterior Features

Construction Wood Frame Exterior Wood SidingBrick Fenced Partial Foundation Basement/FinishedConcrete Slab Landscaped Partially Landscaped Parking Capacity 8 Parking Types Common Roof AsphaltComposition/ShingleFlatPitched Sprinklers None

Interior Features

1 Bedroom Baths 1 1 Bedroom Sq Ft 537 2 Bedroom Baths 2 2 Bedroom Sq Ft 537 3 Bedroom Baths 0 3 Bedroom Sq Ft 0 4 Bedroom Baths 2 4 Bedroom Sq Ft 1147 Appliances RefrigeratorOven/RangeDishwasherVaries Per Unit Flooring CarpetSheet Vinyl Heating Cooling Air UnitCentral Refrig A/CEvap CoolingNatural GasFireplaceForced AirWall HeaterVaries by Unit Laundry Varies Per Unit Manager Unit Baths 0 Manager Unit Bedrooms 0 Manager Unit Sq Ft 0 Stories 1 Story Studio Baths 0 Studio Sq Ft 0 Unit Features Blinds/Shades Water Heater Natural Gas Windows Varies by Unit

Property Features

1 Bedroom Avg Rent Per Unit 1250 1 Bedroom Units 2 2 Bedroom Avg Rent Per Unit 1395 2 Bedroom Units 1 3 Bedroom Avg Rent Per Unit 0 3 Bedroom Units 0 4 Bedroom Avg Rent Per Unit 2900 4 Bedroom Units 1 Access Public Annual Debt Service 17033 Annual Expenses 15341.19 Annual Income And Expenses Pro Forma Annual Vacancy 3350.96 Apod Available Yes Ccr Restrictions No Common Features None Documents On File Financial StatementsRental/Leases Facility Features Separated Meters-GasSeparate Meters-ElectricLandlord Pays UtilitiesTenant Pays Utilities Green Features None Gross Scheduled Income 81540 HUD No Multifamily Type DuplexTriplex4-Plex Net Operating Income 62847.85 Owners May Sell Exchange 1031ConventionalCash Sale Lease For Sale Special Condition Of Sale Yes-Other Studio Avg Rent Per Unit 0 Studio Units 0 Utilities City/County WaterCity SewerElectricityNatural GasInternet AvailableCellular Coverage Avail Zoning Actual MUD

Northern Nevada Regional MLS logo © 2024 Northern Nevada Regional MLS. All rights reserved.
Listing provided courtesy of Realty One Group Eminence: .

Northern Nevada Regional MLS logo © 2024 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: 2024-12-11T00:19:51.57.
 
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