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Kerry Herdt

kerry@shnevada.com +1(925) 321-8042

$ 425,000

Est. payment -/mo

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1335 Cornell Ave Lovelock, NV 89419

6 Beds

4 Baths

2,184 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex, Triplex, 4-Plex

Listing Status Price Changed

Purchase Type For Sale

Square Footage 2,184 sqft

Price per Sqft $194

Subdivision Nv

MLS Listing ID 250001755

Bedrooms 6

Year Built 1949

Lot Size 9,583 Sqft

Acres 0.22

Property Sub-Type Duplex, Triplex, 4-Plex

Property Description

4 unit property consisting of two 2bed/1bath and two 1bed/1bath units. This property was originally a 7 unit motel converted into apartments. The property was renovated in 2018-2019. Renovations at that time included but were not limited to a new roof, new electric, new doors, new double pane windows, new appliances, new water heaters, new flooring, etc. Common on-site laundry. Units are Individual metered for gas & electric. The property is currently fully occupied. Gross scheduled rents: $38,400/yr The property is currently zoned C commercial. Current land use: 430 Commercial Living accommodations. In addition to rent, tenants are charged a 12% room tax as required by the City of Lovelock. Current owner has not attempted to get the property re-zoned to MF in order to remove the room tax requirements. There are limited apartments in Lovelock. Majority of rental demand comes from employees at the area mines and also employees at the correctional facility.

Location

State NV

County Pershing

Zoning C

Interior

Heating Natural Gas, Wall Heater

Cooling Natural Gas, Wall Heater

Flooring Laminate

Appliance Refrigerator, Oven/Range

Laundry Common

Exterior

Exterior Feature Vinyl Siding

Fence Partial

Utilities Available Cable, City/County Water, City Sewer, Electricity, Natural Gas, Telephone, Water Meter Installed, Internet Available, Cellular Coverage Avail

Roof Type Composition/Shingle,Pitched

Total Parking Spaces 8

Building

Story 1 Story

Foundation Concrete Slab

Water Natural Gas

Level or Stories 1 Story

Structure Type Wood Frame

Schools

Elementary Schools Lovelock

Middle Schools Pershing

High Schools Pershing

Others

Tax ID 00104407

SqFt Source 2184

Special Listing Condition None

Listed by RE/MAX Gold

+1(925) 321-8042

kerry@shnevada.com

5325 Reno Corporate Dr, Suite 100, Reno, NV, 89509, United States