545 J Street Hawthorne NV 89415 | Keller Williams Realty

  • 545 J Street 

  • Hawthorne, NV 89415
  • 0 bed | 0 fullbath | 0 sqft | Quadruplex
  • $140,000

  • Est. Monthly Payment: $1,232,123/mo calculator
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Dana E. Caldwell

northern nevada, reno, sparks, verdi, fernley,

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Description

This 4 plex has four 2 bedroom units. 2 are single level 2 bedroom, one bath units. The other 2 are 2 story units with a kitchen, living room and half bath downstairs and 2 bedrooms and a full bath upstairs. All tenants would like to stay and have been there for many years. Hawthorne is not a booming community but it does have the infrastructure in place to create opportunity. The Army Depot, mining, restaurants, casinos, grocery stores and hotels employ many of the locals. Walker Lake is 16 miles from property with fishing and camping available. Mining and Army both looking into expansion. 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! Listing Agent: Dana E Caldwell Email Address: [email protected] Broker: Keller Williams Realty Sparks

Interior Features

  • Bedrooms: 0
  • Full Baths: 0
  • SQFT: 0

Exterior Features

  • Lot Size: 4356.000065
  • Stories: 2

Utilities

Community Details

Additional Information

  • County: Mineral
  • Property Type: Quadruplex
  • Annual Taxes: 1668
  • Year Built: 1970

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