1517 N Roop St, Carson City
Great investment opportunity! Updated in 2018, this fully leased 4-plex is located in North Central Carson on the corner of North Roop and Long St. This property is in an ideal location for renters as it is only a few short blocks from North Carson Street, Highway 50, Walmart, Home Depot, the library, senior center, stores, restaurants, banks, grocery stores and more.
Building 1, (the main house): 1500 total square feet, built 1982, single story, cinder block construction on slab, composition/shingle pitched roof.
- Unit A is 2 beds 1 bath, 1150 sq ft, with carport and shed. Currently rents for $1225, market rent is approximately $1400 per month.
- Unit B is a studio unit with a full kitchen and 1 designated off-street parking place. Current rent is $905, market rent is approximately $950 per month.
Building 2: Built 1955, cinder block construction with wood siding on slab, flat roof.
- Unit B is 400+/- sq. ft studio, with a kitchenette, small fenced back yard and sitting area, street parking. Currently rents for $750.00 per month.
- Unit C is 400 +/= sq. ft studio, with a kitchenette, small fenced side yard, street parking Currently rents for $650.00. Market Rent is approximately $750.00 per month.
Units A and Z currently use the carport and driveway. Units B and C use street parking. Utilities are included in rent. There is 1 water/sewer bill for all 4 units. 1 Waste Management bill that includes two trash cans; 1 can is used by units A and Z, and the second can is used by units B and C. There are 2 separate gas and electric bills: one bill for units A and Z and one for units B and C.
Main House: The main house roof was updated within the last 5 years; new insulation was added in the attic and the water heater was replaced. In late 2017 the interior and exterior paint was updated, and shutters added. Interior and exterior doors and hardware were repaired and/or replaced. New carpet and vinyl were installed in Unit A, along with new blinds, curtains, and light fixtures. The entire kitchen and bathroom in Unit Z was updated and new vinyl, carpet and fixtures were installed. The water main to the main house was replaced
Units B & C: In late 2017 the roof was updated, and gutters installed. Custom exterior doors were installed, new gas furnaces were installed in each unit. New interior and exterior paint were completed and new carpet, blinds, vinyl flooring, light fixtures were installed. Additional built-in cabinetry was installed in the kitchens & closets. Windows were replaced as needed. Ground wires and GFIs were installed by and electrician. The side fence and gate were repaired, and a new fence was installed behind unit B along with a side gravel patio area. Landscaping was added in front of Unit C.