This page displays all multi family real estate listings in Carson City, NV and is updated every 15 minutes with new/changed listings directly from the REALTOR MLS. A multifamily income property could be a duplex, triplex, or fourplex or larger and would typically be used as a real estate investment property.
Multi-Family Development Opportunity! Zoned MFA for up to 36 units, utilities - gas, water, cable, electric, available. Located near the I-580 Bypass, South Carson Street, and Hwy 50. Easy/quick access to Tahoe, Carson Valley, Reno and surrounding areas. Shopping and restaurants are all nearby.
2 Houses in over an acre, what a deal!! come and see this great property, the front house has 3 bedrooms 2 bath with a permitted addition that can be used as a formal dinning or a family room to enjoy those holidays around family and friends, the garage has been converted into a storage but can easily go back to be a 2 car garage or maybe upgrade to make that space into a big master bedroom as it was planed (seller has approved plans to make the garage into a Master suite)
Live in one side, rent out the other, or rent them BOTH out! Rare opportunity to pick up a great duplex in convenient East Carson. 3903/3907 Village Drive is a great duplex at the end of the complex. Each side has 3 sizable bedrooms, 1.5 baths, and an attached 2 car garage. 3907 is currently rented for $1300/mo with a lease through June 2020.
Excellent investment opportunity! Located on a quiet street close to shopping and services makes this an ideal rental. The property includes 2 units, a 3 BR, 1 BA house and an apartment over the one car garage with 2 BR and 1 BA. The main house includes an updated kitchen w/newer cabinets, counters & flooring, stacking washer/dryer and some newer windows. Per the appraisal, fron house is 960 sq ft and the apartment is 744 sq ft. Apartment has a long term tenant, month to month and would love to stay!
Understand Financing Options If you are getting a loan for the investment property purchase, you definitely need to speak to a lender before getting started. If the property is less than four units, then it can be financed with a residential loan which will have lower interest rates and cost compared to a commercial loan. An apartment building with five or more units must use commercial financing which will require a more complete financial evaluation of the investment property and the prospective buyer. Down payment requirements for investment real estate are usually higher than owner occupied property loans as well.
Define Your Investment Objective - Stick To It! Know in advance how much cash flow you will need to justify a purchase price. This is usually determined by a property's cap rate (capitalization rate). The cap rate will vary widely based on the age of the property, occupancy rates, and, of course,the price.
Carefully Review Rental History and Leases Include a thorough review of the existing leases and tenant payment history as part of your due diligence. Be sure to compare the current lease rates to market rates so you know if there is upside potential as you increase the rents slowly over time.
The data relating to real estate for sale on this web site comes in part from the BROKER RECIPROCITY Program of the Northern Nevada Regional MLS. Real estate listings held by brokerage firms other than CalNeva Realty are marked with the BROKER RECIPROCITY logo or the BROKER RECIPROCITY thumbnail logo and detailed information about them includes the name of the listing brokerage.
The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Listing information last updated on January 24th, 2020 at 5:42am PST.