465 Industrial Park Drive

Description

Investment opportunity awaits with this upgraded and well-maintained fourplex located just minutes from Downtown Carson City. Perfect for investors or those looking to live in one unit and rent out the others, this fully occupied property offers strong rental income, thoughtful updates, private outdoor spaces, and long-term stability in a consistently high-demand market. All units have their own small, private, fenced backyardssome featuring small decksand one unit also includes a large, covered carport, adding valuable sheltered parking. Originally built as a duplex and later converted into four units, the property features an efficient and highly functional layout. Two larger units are approximately 756 sq ft each, complemented by two smaller units of 322 sq ft and 406 sq ft. This practical mix of studio and two-bedroom floorplans appeals to tenants seeking both convenience and affordability. A cosmetic remodel was completed across all units in late 2021, including fresh interior and exterior paint, updated flooring, new cabinetry in select units, updated lighting and bathroom improvements in some units, and new appliances in most units. The roof was replaced in 2021, reducing near-term maintenance costs and providing added peace of mind for the next owner. Tenants pay for refuse collection, while the owner covers gas, electric, water, and sewer, as utilities are not separately metered. With its central location near employment centers, shopping, dining, and public transit, the property consistently attracts strong tenant demand and maintains solid occupancy. This fourplex presents an outstanding opportunity for buyers seeking steady cash flow, long-term appreciation, and a well-positioned asset in the heart of Carson City.