Property
Beds
10
Full Baths
8
1/2 Baths
3
Year Built
1983
Sq.Footage
4,078
Rare opportunity for an OWNER-OCCUPANT INVESTOR to live in one home while owning three additional income-producing units. Owner-occupant purchasers may qualify for LOW DOWN PAYMENT requirements compared to traditional investment property loans. This investment package includes four units across three separate residences: two single-family homes and one duplex. In addition to the vacant 2 bed, 1.5 bath single-family home, the property includes another 2 bed, 1 bath single-family residence and a duplex featuring a two-story 3 bed, 2 bath unit and a single-story 3 bed, 1.5 bath unit. The vacant home is move-in ready, allowing an owner to live on-site while neighboring units generate income. All structures have been fully renovated over the past two years well beyond typical market standards. Major upgrades include roofs, septic systems, HVAC, insulation, flooring, kitchens, baths, paint, fixtures, and more. With no known deferred maintenance, the property offers long-term stability and reduced future capital expense risk. Three units are currently leased, providing immediate income. Living on-site allows convenient oversight, simple management, and the opportunity to offset housing expenses while building equity through rental income. Each unit features a private fenced backyard, dedicated driveway parking, two covered carport spaces, individual water and electric meters, and an exterior storage building. The property offers a quiet small-town setting with quick access to nearby retail and employment options. An adjoining parcel may also be available and includes utilities, three-phase electric service, and an approximately 6,400 sq ft shop with work and office areas, including restrooms, offering additional expansion or business potential, plus a leased mobile home. This is a truly rare chance to acquire a turnkey, fully modernized, low-risk investment property with multiple paths for income, expansion, and owner-occupancy flexibility. Aerial Video Available.
Features & Amenities
Interior
-
Other Interior Features
Eat-in Kitchen, Granite Counters, Open Floorplan, High Speed Internet
-
Total Bedrooms
10
-
Bathrooms
8
-
1/2 Bathrooms
3
-
Basement YN
NO
-
Cooling YN
YES
-
Cooling
Ceiling Fan(s), Central Air, Electric
-
Heating YN
YES
-
Heating
Central, Electric
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Board & Batten Siding
-
Other Exterior Features
Dog Run, Rain Gutters, Lighting, Storage
-
Parking
Carport, Covered, Driveway, Gravel
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Features
Cleared, Few Trees, Interior Lot, Level
-
Lot Size(acres)
1.0613
-
Lot Size(square feet)
46230.228
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
-
Architectural Style
Traditional
Price
-
Sales Price
$800,000
-
Sq. Footage
4, 078
-
Price/SqFt
$196
HOA
-
Association
No
School District
-
Elementary School
Reno
-
Middle School
Springtown
-
High School
Springtown
Property Features
-
Foundation Details
Slab
-
Sewer
Septic Tank
-
Tax Lot
1
-
Water Source
Public
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Location
County
Parker
Elementary School
Reno
Middle School
Springtown
High School
Springtown
Listing Courtesy of Mark Costello , The Costello Group, LLC
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AGENT
Joe Boston
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