Description
Welcome to a premier investment opportunity in Elko, NV! This exceptional triplex offers the perfect blend of immediate financial performance and long-term stability. Generating a strong 7% cap rate, this property is fully occupied by seasoned tenants with established leases, offering a seamless transition of ownership and instant cash flow on day one.The real standout feature of this property is its condition. Meticulously maintained and beautifully cared for, the pride of ownership shines through in every corner. The smart unit mix caters to a wide pool of local renters: it features two comfortable 1-bedroom, 1-bathroom units, alongside a highly desirable 2-bedroom, 1-bathroom layout complete with a versatile flex space that easily adapts to a tenant's needs.Whether you are looking to expand your existing portfolio or capitalize on a reliable, passive income generator in a resilient market, this turn-key triplex is ready for you. Opportunities this clean and profitable are few and far between. Reach out today to review the financial financials and book your viewing!
Details
| MLS # | 3627948 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1916 |
| Days On Site | 91 |
| Listing Provided By | Presidio Real Estate West | Jessica Larsen |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 3 |
| SQ Feet | 3,737 |
| Units | 3 |
| Zoning | ZR |
| Acreage | 0.14 |
Interior
| Cooling Yes / No | Yes |
|---|---|
| Cooling | Window Units |
| Heating Yes / No | Yes |
| Interior Features | Bay Window, Ceiling Fans, Walk In Closets |
| Window Features | Bay Windows |
| Appliances | Dryer, Electric Oven, Electric Range, Gas Oven, Gas Range, Gas Water Heater, Refrigerator, Washer |
Exterior
| Exterior Features | Deck, Landscaping |
|---|---|
| Roof | Asphalt |
| Construction Materials | Block, Concrete, Wood Siding |
| Foundation Details | Poured |
| Lot Features | Sprinklers Manual |
Utilities
| Utilities | Cable Available |
|---|
Other
| List Aor | Elko County Association Of Realtors |
|---|
Taxes
| Property | 1648 |
|---|
Area Information
| State | NV |
|---|---|
| County | Elko |
| City | Elko |
| Zip Code | 89801 |
| Area | Elko |
| Subarea | Tree Streets |
| Community Name | First Addition |
| Listing VS Median (in First Addition) | |
Price: $575,000 low | high Med: $300,000 sqft: 3,737 low | high Med: 2,153 $ / sqft: $154 low | high Med: $139 On site: 91 low | high Med: 48 | |
Market Activity 89801
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Learn More About This Property
| State | NV |
|---|---|
| County | Elko |
| City | Elko |
| Zip Code | 89801 |
| Area | Elko |
| Subarea | Tree Streets |
| Community Name | First Addition |
| Listing VS Median (in First Addition) | |
Price: $575,000 low | high Med: $300,000 sqft: 3,737 low | high Med: 2,153 $ / sqft: $154 low | high Med: $139 On site: 91 low | high Med: 48 | |
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