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.
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
What's special
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