Fabulous mixed use property that can be utilized as is or reconfigured. The current owner of this property lives in the main unit bordering B Street. There are 6 other rooms, or apartments, that generate income from long term renters. Bordering C Street are two commercial units, also generating income. This property is a double lot and both lots are included in the sale. The owner's unit is 3 bedrooms and 1238 square feet. Photos are of the owner's unit and one other unit. Many units have been remodeled., Bordering C Street is a historic Blacksmith shop built in the 1860's that could be a source of income and the upper portion of the lot is undeveloped. The commercial units were a laundromat long ago but are currently occupied by a CPA and insurance agent. There is a workshop in the center of the building. At the current (under) market rents, and with assigning a rental value to the owner occupied unit, this property generates almost a 7% cap rate. A future owner could use this property as is, turn it into a bed and breakfast, use for VRBO or as an AirBnB. A prior appraisal states the structure is 6674 square feet.
Other Interior FeaturesCeiling Fan(s), Primary Downstairs
Area & Lot
Total area6,086 Sq.Ft.
Lot Area0.28 Acres
Living area6,086 Sq.Ft.
MLS® ID240012903
Year Built1946
High SchoolVirginia City
Middle SchoolVirginia City
Elementary SchoolGallagher, Hugh
View DescriptionMountain(s)
TypeResidential
StatusSold
Exterior
Stories2
Heat typeFloor Furnace, Propane
Water SourcePublic
Security FeaturesSmoke Detector(s)
SewerPublic Sewer
Lot FeaturesCorner Lot, Sloped Down, Sloped Up
RoofComposition, Pitched, Shingle
UtilitiesCable Available, Electricity Available, Internet Available, Phone Available, Sewer Available, Water Available, Cellular Coverage, Propane, Water Meter Installed
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