1522 F St Unit A and B, Sparks, NV 89431
- $580,000
- 4
- BD
- 4
- BA
- 1,697
- SqFt
- List Price
- $580,000
- Status
- ACTIVE UNDER CONTRACT
- MLS#
- 260008039
- Subdivision
- Other
- Subdivision
- Newtown Tract
- Days on Market
- 39
- Year Built
- 1937
- Bedrooms
- 4
- Bathrooms
- 4
- Acres
- 0.14
- Living Area
- 1,697
- Lot Size
- 6,011
Property Description
1522 A and B F Street Sparks offer a unique investment profile with two detached dwellings on a single parcel, each with its own entrance, living space, and rental stream. Both units are separately livable and generate consistent monthly income. 1522 A, the front home, is a well kept single story 3-bedroom, 2 bath 1052 Sq ft unit with functional layout and steady rental history. It is currently rented through April 2027 at a monthly rent of $2050. The rear home, 1522 B, is a detached 2 bedroom/1 bath 644 sqft unit with private access, strong tenant demand, and solid cash flow. The current lease ends in July 2026. It is currently rented at $1300 with upside. Zillow's rent estimate is $1665. The layout provides flexibility for investors seeking stable returns, or for buyers who may eventually want to live in one unit while renting the other. The detached configuration reduces noise transfer and increases tenant satisfaction, while the central Sparks location, with easy access to Victorian Square, shopping, transit, and freeway access keeps vacancy rates low. This is a clean, functional, income producing property with strong rental history and long-term upside. Photos are when the units were vacant.
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Additional Information
- Taxes
- $1,402
- Utilities
- Cellular Coverage, Internet Available, Water Meter Installed, Cable Available, Natural Gas Available, Phone Available, Sewer Connected, Water Available
- Roof
- Shingle
- Foundation
- Crawl Space
- Garage Description
- Alley Access, Detached, Garage, Rv/Boat Parking
- Elementary School
- Greenbrae
- Middle School
- Dilworth
- High School
- Sparks
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Courtesy of Robert Sweifach and Reno Country Properties. Contact:
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Data last updated on 06/28/2017.
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. Real estate listings held by brokerage firms other than owner of this page are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
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