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.
Property Features
Bedrooms
- Bedrooms: 2
- Primary Bedroom Features: Ceiling Fan,On Main Floor,Shower Stall
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Interior Features
- Ceiling Fan(s)
- Primary Downstairs
- Vaulted Ceiling(s)
- Flooring: Tile
- Window Features: Blinds, Double Pane Windows
Appliances
- Dishwasher
- Dryer
- Electric Cooktop
- Electric Range
- Microwave
- Refrigerator
- Washer
- Laundry Features: Laundry Room
Kitchen and Dining
- Built-In Dishwasher
- Built-In Microwave
- Electric Cooktop
- Dining Room Description: Living Room Combination
Heating and Cooling
- Cooling Features: Evaporative Cooling
- Fireplace Features: Gas
- Heating Features: Forced Air
- Heating: Yes
- Number of Fireplaces: 1
Garage and Parking
- Attached Garage: Yes
- Garage Spaces: 2
- Parking Features: Attached, Garage, Garage Door Opener
- Parking Total: 2
Exterior and Lot Features
- Fencing: Back Yard, Full
- Patio And Porch Features: Patio
- Road Frontage Type: Public
- Road Maintenance: Public Maintained Road
- Patio: Yes
Land Info
- Lot Size Acres: 0.15
- Lot Size Square Feet: 6316
Homeowners Association
- Association: No
- Calculated Total Monthly Association Fees: 0
School Information
- Elementary School: Moss
- High School: Reed
- Middle School: Mendive
Other Property Info
- Standard
- Annual Tax Amount: 1484
- Source Listing Status: Active
- County: Washoe
- Source Property Type: Residential
- Property Subtype: townhouse
- Source Neighborhood: Willow Creek Station 1
- Parcel Number: 036-422-03
- Subdivision: Willow Creek Station 1
- Zoning: SF-6/PUD
- Property Subtype: Townhouse
Building and Construction
- Total Square Feet Living: 1155
- Year Built: 1980
- Building Area Total: 1155
- Common Walls: 1 Common Wall, End Unit
- Construction Materials: HardiPlank Type, Wood Siding
- Foundation Details: Crawl Space
- Levels: One
- Living Area Source: Assessor
- Property Age: 45
- Property Attached: Yes
- Property Condition: Tenant
- Roof: Composition, Shingle
- Levels or Stories: 1
- Total Area Sqft: 1155
- Vaulted Ceiling: Yes
Utilities
- Sewer: Private Sewer
- Electricity Connected
- Natural Gas Connected
- Sewer Connected
- Water Connected
- Water Source: Public
Home Features
- Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
