791 Nevada Street
Property Description
Welcome to 791 Nevada Street! This spacious and extensively updated fourplex offers four 3-bedroom, 1-bathroom units, making it an excellent opportunity for investors or owner-occupants looking for a strong income-producing property with additional potential. One of the standout features of this property is the HUGE open unfinished space on the upper level, offering an exciting opportunity to expand the building into two additional apartments or one large unit, providing the potential to increase rental income and maximize the property's value. Each unit has been thoughtfully updated with new flooring and fresh paint throughout, updated bathroom surrounds and vanity mirrors. Two units feature new bathroom vanities, while two units have new kitchen cabinets. Additional improvements include new appliances in two units, select new trim and lighting, and fresh landscaping in the front. For added convenience, each unit has its own designated washer and dryer space in the basement. All utilities are separately metered, with new electrical panels in each unit, new water lines, and new water meters. Outside, each unit offers its own deck area, providing tenants with a private space to relax or entertain. The property also features a fenced-in backyard, offering additional outdoor space and privacy. With extensive updates already completed, separate utilities, spacious 3-bedroom units, private decks, a fenced-in yard, and significant potential for additional units upstairs, and room to increase rental income, 791 Nevada Street is an opportunity you won't want to miss. Whether you're looking to expand your investment portfolio or take advantage of the additional income potential, this property offers plenty of room to grow!
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $495,500 |
| No. of Units: | 4 |
| Year Built: | 1920 |
| Lot Size: | 7,608.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $123,875 |
| Property Website | Click Here |
| Number of Bedrooms: | 12 |
| Number of Bathrooms: | 4 |
ID: 3yd-DMLSIA-155388
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Final Deal Analysis
Similar Properties in the Area
Brokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout