$550,000
Estimated Payment$2,598/mo
Multi-Family For Sale

1335 Cornell Ave, Lovelock, NV 89419

1-Story Multi-Family Home In Lovelock

$30K Estimated Cashflow. 5.43% Cap Rate. Two 2 Br/1 Ba units, two 1 Br/1 Ba units. Originally built as the 7 unit Sage Motel in 1949. Converted to apartments in 2005 and operated as apartments from then until 2016. Extensively renovated in 2018-2019. Renovations included: New roof, new plumbing, new electric, new doors, new Low E double-pane windows, new appliances, new water heaters, new flooring, new paint, and the list goes on. Beautiful units with positive cash flow. Owner carry with large down.

1335 Cornell Ave is a multi family-home located in Pershing, the 89419 ZIP Code, and the Lovelock Elementary School, Pershing County Middle School, and Pershing County High School (And Alternative Ed) attendance zones.

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1335 Cornell Ave
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Location
1335 Cornell Ave Lovelock, NV 89419
Home Details

Listing Details

General

  • Total Number of Units: 4

    Interior Details

    General

    • Appliances: Oven Range, Refrigerator
    • Window Features: Double Pane
    • Flooring: Carpet, Sheet Vinyl
    • Interior Features: Natural Gas

    Utilities

    • Heating Details: Natural Gas, Wall Heater
    • Utilities: Cable, Cellular Coverage Avail, City Sewer, City County Water, Electricity, Internet Available, Natural Gas, Telephone, Water Meter Installed
    • Cooling Details: Natural Gas, Wall Heater

    Financial Details

    Tax Details

    • Zoning: C

      Property Details

      Parking

      • Parking Features: Designated Parking, Public
      • Other Parking: Designated Parking

      General

      • Laundry Features: Common
      • Stories: 119552120

      Construction Details

      • Roof: Composition Shingle, Pitched
      • Foundation Details: Concrete Slab
      • Construction Materials: Brick, Vinyl Siding, Wood Frame

      Location Details

      Region

      • City/Region: Lovelock Pershing Co

        MLS Details

        General

        • Days on Homes.com: 72
        • MLS Number: 220004709
        • Listed: 4/13/2022
        • Last Updated: 4/18/2022
        • Offered By: Re/Max Gold - Reno
        • Listing Source: Northern Nevada Regional Mls
        Monthly Payment Calculator

        $2,598

        Estimated Mortgage
        Principal & Interest
        $1,855
        Insurance
        $193
        Taxes
        $550
        Mortgage Insurance
        $0
        i
        Include PMI: Private Mortgage Insurance (PMI) is required by lenders if the down payment is less than 20% of the home price. It is recommended to include this field if your down payment is less than 20% of the home price.
        i
        If you or your spouse are active or retired military you may be eligible for special VA loan programs for veterans. The VA loan programs include benefits like no down payment and no private mortgage insurance (PMI).
        Nearby Schools
        School data provided by GreatSchools
        i
        The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs and consider family needs as a part of the school selection process.
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        Listing Agent
        Re/Max Gold - Reno
        RE/MAX Gold - Reno
        Lovelock, NV
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        $550,000

        1335 Cornell Ave

        Lovelock, NV 89419

        Re/Max Gold - Reno
        RE/MAX Gold - Reno