$420,000

1218 Junction Drive, Sparks, NV 89434

  • 2 beds |
  • 2 baths |
  • 1,155 sqft
  • Property Icon Town Home
  • Property Year Built Icon Built in 1980
  • Property Lot Size Icon6,316sqft lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $364/sqft
  • Property List Date Icon Listed 5 months ago

Property Description

This cash-flowing rental brings in 2,050/month with a solid tenant already in place. Investors are increasingly looking for homes like this—occupied, stabilized, and producing income on day one. It's a smart alternative to vacant listings and lease-up timelines. Features include 2 bedrooms, 2 bathrooms, 1,155 sqft, a newer roof, and fresh exterior paint. Lease active through July 1, 2026. 5 Cap on current, actual rents. Maintained with annual inspections, prompt maintenance, and verified rent history. Available individually or as part of a nearby three-home portfolio including 1069 Palmwood Dr and 1544 Woodhaven Ln, for 1,295,000 for all three properties combined. Drive by only. Do not disturb tenants. Contact the listing agent for full financials.

Listing Status:
Active
Date Added:
June 27, 2025 at 05:00AM
Listing Office:
Address Income : 775-233-0754
Listing Agent:
Jake Andronico : 415-233-1796
MLS ID:
250052194
  • General: Ceiling Fan(s)Vaulted Ceiling(s)Primary Downstairs
  • Appliances: DryerDishwasherElectric RangeMicrowaveRefrigeratorWasherElectric Cooktop
  • Laundry: Laundry RoomGas Dryer Hookup
  • Flooring: Tile
  • A/C: Evaporative Cooling
  • Heating: Forced Air
  • Fireplace: GasLiving RoomFireplaceFireplaces: 1
  • General: Pergola
  • Other Structures: Pergola
  • Pool: None
  • Parking: AttachedGarageGarage Door OpenerParking spaces: 2
  • Roofing: CompositionShingle
  • Windows: BlindsDouble Pane Windows
  • General: HardiPlank TypeWood Siding1Crawl Space
  • Road/Access: Public
  • County: Washoe
  • Zoning: SF-6/PUD036-422-03
  • Fencing: Back YardFull
  • Utilities: Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
  • Water: Public
  • Sewer: Private Sewer

This listing courtesy of Jake Andronico, Address Income

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

K

Katherine Dunn Elementary School

1135 O Callaghan Dr, Sparks, NV, 89434

Grades PK-6

0.25 miles away

L

Lou Mendive Middle School

1900 Whitewood Dr, Sparks, NV, 89434

Grades 6-8

0.99 miles away

E

Edward C. Reed High School

1350 Baring Blvd, Sparks, NV, 89434

Grades 9-12

0.92 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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