Karen Simon
Coldwell Banker Select

931 Tahoe Blvd. Ste 1A
Incline Village, NV 89451

Cell: 775-772-0992
Email: [email protected]

1069 PEACE PIPE, INCLINE VILLAGE, NV 89451

1069 Peace Pipe
Incline Village, NV 89451

$925,000

Number of Units: 3
Type: Multi-Unit Residential
Listing #1002852
High yielding duplex with multiple tenants. High income and low expenses. Near the end of a cul du sac. Short driveway provides easy access to the front doors. There is a unit C which is accessed by staircase on the left side of the building. All tenants require 24 hours notice. Large sunny living areas on entrance level. Two real fireplaces. Gas heat and dual pane windows. Each unit has a washer/Dryer. Unit A is 3 bedrooms, 3 baths and rents for $1950 per month. Unit B is 3 bedrooms, 3 baths and rents for $1450 per month. Unit C is a studio with bathroom, washer dryer and rents for $875 per month plus $100 for utilities. Units are being sold furnished. Expenses include Taxes $4841, Rental commissions of $2572.50, Insurance (estimate for new insurance) $2,500, Repairs and Maintenance owner reported as Zero. Net income currently $41,136. Units A lease ends 9/30/2018. Unit B has lease ends May 31, 2018. Unit C lease ends 7/31/2018.
Property Features
Location Information
County: Washoe
MLS Area: Skiway
Interior Features
Heating/Cooling: Forced Air Heat, Natural Gas Heat
Floors: Partial Carpet
Total Number of Units: 3
Exterior Features
Stories: Three or More
Exterior: Cable TV, Deck
Roof: Composition Roof
Possession: Tenant Rights
Parking Spaces: 4
Pool / Spa: Spa/Hot Tub
Topography: Down Slope Lot
Lot Size in Acres: 0.138
Zoning: Multi-Residential
Condition: Previously Owned
View Description: Peek Lake
Additional Information
Property Type: RI
Property SubType: Investment Residential
Year Built: 1979
Status: Active
Tax Amount: 4, 841
Square Feet Source: Assessor Obtained


$ per month
Year Fixed. % Interest Rate.
Principal + Interest: $
Monthly Tax: $
Monthly Insurance: $
Term
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Interest Rate
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Down Payment
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List Price:
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Listing Agent: Lyn Karol
Coldwell Banker Select Real Estate
775-831-1336
© 2017 Incline Village Board of REALTORS®, Inc. All rights reserved.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data is deemed reliable but is not guaranteed accurate.
IVBOR data last updated at December 12, 2017 10:08 AM PT
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