This page displays all multi family real estate listings in Dayton, 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, fourplex, or more and would typically be used as a real estate investment property.
Tips for Buying Investment or Rental Property
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.
2 well maintained Duplexes on one lot near public lands, yet walking distance to town. Long term tenants (20+ years, 10+ years, 4 years, 1.5 years). One built in 1991, the other in 1986. New roofs on both duplexes (2 yrs and 3 yrs old). Units A & B are 2 BD/1.75 BA, with personal storage shed. Units C & D are 2 BD/1 BA, and carports with storage. Units A & D have been remodeled. Units B & C are original with tenants over 10 and 20 years. All tenants are on month to month.
Great investment opportunity! This wonderful duplex is 1 story and is in great condition and in a perfect location, close to Sutro Elementary school, shopping and restaurants. HAS A BRAND NEW ROOF! Each unit has an open floor plan and 2 bedrooms, 2 full bathrooms, a 2 car garage and 1007sf each, or 2014sf total. Each has a master bedroom and it's own backyard. No HOA! HOME & PEST INSPECTIONS HAVE BEEN DONE! CLEAR PEST REPORT! THERE IS A HOME WARRANTY CONTRACT THAT SELLER WILL PASS ON TO BUYER!
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 September 23rd, 2019 at 2:41am PDT.