$900,000
$975,000
7.7%For more information regarding the value of a property, please contact us for a free consultation.
198 N C ST Street Virginia City, NV 89440
3 Beds
1 Bath
160 SqFt
Key Details
Sold Price $900,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 160 sqft
Price per Sqft $5,625
MLS Listing ID 240012903
Sold Date 01/03/25
Bedrooms 3
Full Baths 1
Year Built 1946
Annual Tax Amount $2,816
Lot Size 0.280 Acres
Acres 0.28
Lot Dimensions 0.28
Property Sub-Type Single Family Residence
Property Description
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.
Location
State NV
County Storey
Zoning CR Commercial/Residential
Direction Mill Street
Rooms
Family Room Ceiling Fan(s)
Other Rooms Entrance Foyer
Dining Room Kitchen Combination
Kitchen None
Interior
Interior Features Ceiling Fan(s), Primary Downstairs
Heating Floor Furnace, Propane
Flooring Ceramic Tile
Fireplace No
Laundry None
Exterior
Utilities Available Cable Available, Electricity Available, Internet Available, Phone Available, Sewer Available, Water Available, Cellular Coverage, Propane, Water Meter Installed
Amenities Available None
View Y/N Yes
View Mountain(s)
Roof Type Composition,Pitched,Shingle
Porch Deck
Building
Lot Description Corner Lot, Sloped Down, Sloped Up
Foundation Slab
Water Public
Structure Type Metal Siding,Wood Siding
Schools
Elementary Schools Gallagher, Hugh
Middle Schools Virginia City
High Schools Virginia City
Others
Tax ID 00109212
Acceptable Financing Cash
Listing Terms Cash
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