545 J Street, Hawthorne
This property is a money cow! If you are looking for a great long term investment opportunity Look No Further! You don't find opportunities like this anymore in our housing market. Current rental income is $1825/month and expenses are averaging $475/month. Even if you did a 7 yr loan at a 6% interest rate with 30% down. You are still able to break even and own free and clear a 4-plex in 7 yrs and rake in the money from that point forward. This property has a 11.3% cap rate!
- MLS® #190008264
- Sales TypeNone
- Annual Taxes$0
- Stories2 Story
- Square Footage2,606
- Year Built1970
- Parking Spaces8
- ParkingDesignated Parking
- Sub-TypeDuplex, Triplex, 4-plex
- UtilitiesCity/County Water, City Sewer, Electricity, Propane
- FeaturesSmoke Detector
- WindowsDouble Pane, Metal Frame
- RoofFlat, Metal, Pitched, Wood/Shake
- ConstructionWood Frame
- FoundationConcrete/Crawl Space, Concrete Slab
- ExteriorWood Siding
- Address545 J Street
- AreaHawthorn (Mineral CO)
- SubdivisionSierra Hills
- Zip Code89415
- Floor CoveringVaries by Unit, Ceramic Tile, Carpet, Sheet Vinyl
- Water HeaterPropane
- Heating/CoolingPropane, Wall Heater
- AppliancesRefrigerator, Oven/Range
- Date ListedJune 5th, 2019
- Days on Website42
- Financing OptionExchange 1031, Conventional, Cash
- Listing OfficeKeller Williams Realty Sparks
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 Keller Williams Realty are marked with the BROKER RECIPROCITY logo or the BROKER RECIPROCITY thumbnail logo and detailed information about them includes the name of the listing brokerage.
The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
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Listing information last updated on July 17th, 2019 at 10:28am PDT.