Multifamily
311 5th St
311 5th St, Sparks, NV 89431
Listing Price: $675,000
Investment Overview
Marcus & Millichap is proud to present for sale 311 5th St, a single parcel that accommodates two single-family residences with an additional in-law’s quarters to maximize flexibility and return on investment. The main house is comprised of a three-bedroom, two-bath design and has an attached in-law’s quarters with separate facilities and two additional bedrooms. Out back, there is a separate one-bedroom, one-bath unit with separate utilities. Additionally, there is a 200-square-foot detached garage with alley access that is currently being rented as storage space.
Located in downtown Sparks, there are many activities just west of the property in the Victorian Square which has access to the Nugget Casino and Resort, several taverns and restaurants, and an outdoor amphitheater. Victorian Avenue is home to several annual events such as the Nugget Rib Cook-Off, Hot August Nights, Fourth of July’s Star-Spangled-Sparks, and more. Just East of the property, you will find the Sparks Marina and The Outlets at Legends Shopping Mall, providing upscale entertainment and shopping experiences.
311 5th St
Investment Highlights
- Value-Add Opportunity – A well-cared-for property that has great bones with some upgrades already completed. Providing an ideal canvas to make your own or maximize investment returns.
- Strategic Location – Nestled in the heart of Sparks, this property provides convenient access to main thoroughfares and is within walking distance to Victorian Square's various activities and events.
- Diverse Unit Mix – 311 5th St provides two separate SFRs that offer flexibility for investment returns.
Exclusively Listed By
Listing Price: $675,000
Investment Highlights
- Value-Add Opportunity – A well-cared-for property that has great bones with some upgrades already completed. Providing an ideal canvas to make your own or maximize investment returns.
- Strategic Location – Nestled in the heart of Sparks, this property provides convenient access to main thoroughfares and is within walking distance to Victorian Square's various activities and events.
- Diverse Unit Mix – 311 5th St provides two separate SFRs that offer flexibility for investment returns.
Investment Overview
Marcus & Millichap is proud to present for sale 311 5th St, a single parcel that accommodates two single-family residences with an additional in-law’s quarters to maximize flexibility and return on investment. The main house is comprised of a three-bedroom, two-bath design and has an attached in-law’s quarters with separate facilities and two additional bedrooms. Out back, there is a separate one-bedroom, one-bath unit with separate utilities. Additionally, there is a 200-square-foot detached garage with alley access that is currently being rented as storage space. Located in downtown Sparks, there are many activities just west of the property in the Victorian Square which has access to the Nugget Casino and Resort, several taverns and restaurants, and an outdoor amphitheater. Victorian Avenue is home to several annual events such as the Nugget Rib Cook-Off, Hot August Nights, Fourth of July’s Star-Spangled-Sparks, and more. Just East of the property, you will find the Sparks Marina and The Outlets at Legends Shopping Mall, providing upscale entertainment and shopping experiences.
Exclusively Listed By
