New ListingRare income-producing opportunity offering a 8.7% cap rate in Elko's desirable Tree Streets! Situated on a corner lot with classic brick exterior, this versatile duplex offers flexibility for investors, owner-occupants, or multigenerational living. The upper unit features 5 bedrooms, 2.5 bathrooms, and 2,037 square feet of living space and is currently tenant occupied, providing immediate rental income. The lower unit offers 2 bedrooms, 1 bathroom, 1,491 square feet, and has been completely updated and is currently operating as a furnished short-term rental. Whether you're looking to expand your investment portfolio, offset your mortgage through rental income, or accommodate extended family, this property presents a unique opportunity in one of Elko's most established neighborhoods. Conveniently located, 931 1st Street combines location, flexibility, and income potential all in one property. Don't miss your chance to own a property that offers multiple avenues for return and long-term value.
| MLS # | 3628009 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1960 |
| Days On Site | 5 |
| Listing Provided By | Office Staging Realty | Dea Mitton |
| Bed(s) | 7 |
|---|---|
| Bath(s) | 4 |
| SQ Feet | 3,528 |
| Units | 2 |
| Zoning | ZR |
| Acreage | 0.17 |
| Cooling Yes / No | Yes |
|---|---|
| Cooling | Rooftop |
| Heating Yes / No | Yes |
| Heating | Fireplaces, Radiant |
| Appliances | Refrigerator |
| Exterior Features | Corner Lot |
|---|---|
| Roof | Asphalt |
| Construction Materials | Brick |
| Foundation Details | Block |
| Lot Features | Lawn |
| List Aor | Elko County Association Of Realtors |
|---|
| Property | 1503 |
|---|
| State | NV |
|---|---|
| County | Elko |
| City | Elko |
| Zip Code | 89801 |
| Area | Elko |
| Subarea | Tree Streets |
| Community Name | First Addition |
| State | NV |
|---|---|
| County | Elko |
| City | Elko |
| Zip Code | 89801 |
| Area | Elko |
| Subarea | Tree Streets |
| Community Name | First Addition |