For Sale
$389,500

126 1/2 StHawthorne, NV 89415

Three-unit apartment building, great income.

Overview

Added:
Dec 11, 2024
Days on market:
118
This exceptional investment opportunity presents a three-unit apartment building ideally situated in Hawthorne, Nevada, at 126 & 126 1/2 E Street, zip code 89415. The property consists of three homes situated on two parcels (APN 001-325-14; 001-325-13), totaling 0.13 acres of land. The building, constructed in 1963, is a single-story structure with permitted C-1 zoning. The units comprise a three-bedroom, two-bathroom unit; a two-bedroom, one-bathroom unit; and a one-bedroom, one-bathroom unit. All units are currently rented and have been well-maintained, featuring recent upgrades including newer flooring, paint, windows, and roof. The property benefits from its convenient location at the west end of town, providing easy access to shopping and various services. This is a must-see opportunity for investors seeking a stable, income-generating property in a desirable location. The asking price for this turnkey investment is $389,500. Note that the properties must be sold together. One parcel (001-325-13) contains one home and sits on a larger portion of the land.

Highlights

  • $389,500 asking price for a three-unit apartment building.
  • Multifamily property with three units.
  • Built in 1963, one story.
  • Located at 126 & 126 1/2 E Street, Walker Lake, NV 89415.
  • 0.13-acre lot; APN 001-325-14; 001-325-13; C-1 zoning.

Property Details for 126 1/2 St

Property type
Apartment buildings
Year Built
1963
Stories
1
Lot Size (sq. ft)
5,663 SF
Units
3

Location Insight

City
Hawthorne
County
Mineral
State
Nevada
Latitude
38.5197554
Longitude
-118.6245987
126 1/2 St, Hawthorne, Nevada

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126 1/2 St
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