545 J Street, Hawthorne Property Listing: MLS® #190008264

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!

545 J Street, Hawthorne Property Listing: MLS® #190008264 Close
Page Summary
  • Price$140,000
  • Sq. Ft.2,606
  • Acres0.10
  • Built1970
  • Listing StatusActive/pending-loan

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!

Property information

  • MLS® #190008264
  • Price$140,000
  • StatusActive/pending-loan
  • Sales TypeNone
  • Annual Taxes$0
  • Stories2 Story
  • Square Footage2,606
  • Acres0.10
  • Year Built1970
  • Parking Spaces8
  • ParkingDesignated Parking
  • TypeMulti-family
  • Sub-TypeDuplex, Triplex, 4-plex
  • ZoningR2

Amenities

  • AmenitiesNone
  • UtilitiesCity/County Water, City Sewer, Electricity, Propane
  • FeaturesSmoke Detector

Exterior

  • WindowsDouble Pane, Metal Frame
  • RoofFlat, Metal, Pitched, Wood/Shake
  • ConstructionWood Frame
  • FoundationConcrete/Crawl Space, Concrete Slab
  • ExteriorWood Siding
  • FencedPartial
  • SprinklersNone
  • LandscapedNone

Community Information

  • Address545 J Street
  • AreaHawthorn (Mineral CO)
  • SubdivisionSierra Hills
  • CityHawthorne
  • CountyMineral
  • StateNV
  • Zip Code89415

Interior

  • Floor CoveringVaries by Unit, Ceramic Tile, Carpet, Sheet Vinyl
  • Water HeaterPropane
  • Heating/CoolingPropane, Wall Heater
  • AppliancesRefrigerator, Oven/Range

Listing Details

  • Date ListedJune 5th, 2019
  • Days on Website42
  • Financing OptionExchange 1031, Conventional, Cash
  • Listing OfficeKeller Williams Realty Sparks
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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.