Rental cash cow! Live free with income from rentals! Lovelock, NV is a small mining/farming town with pop approx 3500. It is located 90 mi east of Reno along the I80 corridor. We have 2 houses on 2 adj large lots in town that are owned free & clear. The main house is approx 840sq ft. & the 2nd hs is approx 580sq ft. Both are 1bd/1ba. The main hs is currently rented for $550/mo. The 2nd hs is 70% rennovated and will rent for $450/mo when finished. One of the lots has full R/V hookups. There are [4] 1-car garages also on the property which would rent for $50/mo each. I have 2 addl rental units on prop 1 of which is currently rented for $30/mo. Total rent if all is rented is: $1250/mo!! Think about it, $1250/mo for an $80,000 investment - not a bad return in this economy!!
In exchange for House in Arizona, Idaho
Approximate value $ : 80,000
I will consider ALL options including acreage/land/small house with some acreage in AZ or ID ONLY! I will also consider trading up as long as it's on an owner-carry basis. Call 775-530-7749 to talk about it.
