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Sold for $480,000 on 08/22/24
  • $480,000

    116 Court St, Elko, NV 89801

    5beds
    3baths
    2,916sqft
    Triplex, Multi Family, Multi Family
    Built in 1916
    -- sqft lot
    $-- Zestimate®
    $165/sqft
    $2,272 Estimated rent

    Owner options

    List your home for rent

    $2,272/mo

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    $2,272/mo

    Rent Zestimate®

    Refinance and save

    $2,712/mo

    Est. payment

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    $2,712/mo

    Est. payment

    What's special

    Discover a lucrative opportunity at 116 Court Street, Elko-a triplex multi-family property designed for investors or owner-occupants seeking passive income. This versatile asset boasts a robust 7.5% cap rate with minimal vacancy, making it a stable investment choice. The front unit has been fully remodeled, ensuring tenant satisfaction and reducing maintenance needs. Whether you choose to live in one unit and rent out the others or leverage all three units for rental income, this property offers flexibility and potential for financial growth. Conveniently located close to amenities and schools, 116 Court Street provides easy access to daily essentials and community resources. Its strategic positioning enhances rental appeal, ensuring a steady flow of income. Whether you're looking to diversify your investment portfolio or capitalize on Elko's growing rental market, this property presents a compelling opportunity. Schedule your showing today and seize the chance to earn reliable returns in one of Elko's most promising real estate prospects.

    Zillow last checked: 8 hours ago

    Listing updated: August 22, 2024 at 07:25am

    Listed by:

    Jordon Waller S.0197466.LLC (775)997-9157,

    LPT Realty, LLC

    Bought with:

    Jessica Larsen, B.146108

    Lostra Realty

    Source: ECMLS,MLS#: 3625112Originating MLS: Elko County Association of Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Dryer, Dishwasher, Gas Oven, Gas Range, Microwave, Oven, Range
    Features
    • Ceiling Fan(s), Home Office, Walk-In Closet(s), Window Treatments
    • Flooring: Carpet, Laminate, Tile, Wood
    • Windows: Blinds, Drapes, Window Coverings
    • Basement: Crawl Space
    Interior area
    • Total interior livable area: 2,916 sqft

    Property

    Features
    • Patio & porch: Balcony, Deck, Open
    • Exterior features: Balcony, Deck, Sprinkler/Irrigation, Landscaping, Mature Trees/Landscape, Storage
    Lot
    • Size: 6,011 sqft
    • Features: Lawn, Landscaped, Sprinklers Automatic
    Details
    • Additional structures: Guest House, Shed(s)
    • Parcel number: 001214002
    • Zoning description: ZR

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Two Story,Triplex
    • Property subtype: Triplex, Multi Family, Multi Family
    Materials
    • Vinyl Siding
    • Foundation: Basement, Crawlspace
    • Roof: Composition,Shingle
    Condition
    • Year built: 1916

    Utilities & green energy

    • Water: Public
    • Utilities for property: Electricity Available, Sewer Available, Trash Collection

    Community & neighborhood

    Community
    • Community features: Sidewalks
    Location
    • Region: Elko
    • Subdivision: First Addition