512 Pyramid WaySparks, NV 89431

This exceptional investment opportunity presents a stabilized, two-unit multifamily property ideally situated in the heart of downtown Sparks, Nevada. The property consists of two units: a one-bedroom, one-bathroom unit and a two-bedroom, one-bathroom unit, totaling 1,760 square feet. A detached 200-square-foot garage is also included. Built in 1927, this Class C property boasts 100% occupancy and benefits from government-assisted rents, offering potential for future market rate increases. The property's prime location provides easy walking access to numerous local attractions, including the Farmers' Market, Rib Cook-off, concerts, a movie theater, and breweries. Currently priced at $575,000, this represents a compelling value with a price per square foot of $326.70 and a price per unit of $287,500. The property is zoned "mud" and is offered for sale by owner, presenting a rare chance to acquire a stable, high-performing investment in a vibrant and growing Nevada community. The property is not subject to a ground lease.