2205 Morninglory Dr - Residential Income FOR SALE


Sparks, NV 89434- Outer Sparks
$515,000 USD
775-250-8033
2205 Morninglory Dr, Sparks, NV for Sale
$515,000 USD
Residential Income - FOR SALE
1/6
null | 4.52% Cap Rate

2205 Morninglory Dr
Sparks, NV 89434
Outer Sparks


OVERVIEW

INVESTOR ALERT - Fully occupied residential income opportunity available,- TENANT IS IN A LEASE UNTIL 1/2027. TENANT WOULD LIKE TO STAY IN THE PROPERTY - walk into instant income! Welcome home to this beautifully updated Sparks property offering comfort, charm, and investment potential all in one. Recent improvements include newer interior and exterior paint, newer roof shingles, newer windows with a lifetime warranty, and new kitchen flooring. The neutral color palette throughout creates a warm and inviting atmosphere while giving you the perfect blank canvas to customize and make it your own. The thoughtful floor plan features a formal living room with a cozy wood-burning fireplace and a beautiful bay window overlooking the backyard, allowing for plenty of natural light. The kitchen and living spaces flow comfortably for everyday living and entertaining alike. Spacious bedrooms and functional living areas provide flexibility and comfort for occupants and guests. Step outside to enjoy the backyard space with room for relaxing, gardening, or entertaining. Conveniently located near shopping, dining, schools, parks, and freeway access, this home offers both convenience and long-term value. Whether you are looking to expand your investment portfolio or secure a home with reliable rental income already in place, this property is an excellent opportunity you won't want to miss!

FOR SALE DETAILS

PRICE

$515,000 USD

PRICE/SF

$289 USD /SF

CAP RATE

4.52%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

MF-2/PUD

APN/PARCEL ID

036-621-03

ASK ABOUT THIS PROPERTY

Felisa Cusimano-MartinDickson Realty, Inc.More Info
775-250-8033

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Felisa Cusimano-MartinDickson Realty, Inc.More Info
775-250-8033

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.