420 Lee Street

Carson City, NV 89706

$3,750,000
Price
4
Beds
1
Bath
11,200 Sq. Ft.
$335 / Sq. Ft.
11,200
Sq. Ft.
$335
per Sq. Ft.

Description

Discover the extraordinary investment opportunity at 420 Lee St in Carson City. This partially renovated 16-unit apartment complex is a testament to modern living, offering an ensemble of spacious 2-bedroom, 1-bathroom units, each generously sized at approximately 700 square feet. With full occupancy and nestled within the thriving Carson City rental market. Renovated Excellence: Units within 420 Lee Street have undergone renovations, ensuring that residents enjoy an updated living space.Discover the extraordinary investment opportunity at 420 Lee St in Carson City. This partially renovated 16-unit apartment complex is a testament to modern living, offering an ensemble of spacious 2-bedroom, 1-bathroom units, each generously sized at approximately 700 square feet. With full occupancy and nestled within the thriving Carson City rental market. Renovated Excellence: Units within 420 Lee Street have undergone renovations, ensuring that residents enjoy an updated living space.
  1. Listed by Jean Merkelbach • Engel & Volkers Lake Tahoe

Property Details for 420 Lee Street

Zoning Actual
MFA
Total Parking Capacity
20

Location

Listing Courtesy of Engel & Volkers Lake Tahoe, Jean Merkelbach, License #181
Add your commute
LISTING UPDATED: 05/29/2024 11:12 AM

Property Details for 420 Lee Street

StatusActive
MLS #240006079
Days on Compass26
Taxes$4,775 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Apartment Complex
Year Built1964
Lot Size0.47 AC / 20,473 SF
CountyCarson City

Location

Listing Courtesy of Engel & Volkers Lake Tahoe, Jean Merkelbach, License #181
Add your commute

Building Information for 420 Lee Street

Stories2Residences-Year Built1964Building Size-Lot Size0.47 AC / 20,473 SF

Payment Calculator

$20,863 per month

30 year fixed, 7.25% Interest

Principal and Interest

$20,465

Property Taxes

$398

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 420 Lee Street

Summary
Location and General Information
  • Area: Carson N.E.
  • Zip: 89706
  • Geo Latitude: 39.175102
  • Geo Longitude: -119.761527
  • Geo Quality: 0.95
  • Geo Zoom Level: 14.0
  • Geo Address Line: 420 Lee St
  • Geo Primary City: Carson City
  • Geo Subdivision: NV
  • Geo Postal Code: 89706
  • Geo Match Code: 0
  • Geo Matched Method: 0
  • Address: 420 Lee
  • County: Carson City
  • Xstreet/Directions: N Stewart
  • Source of Zoning: Assessor
Taxes and HOA Information
  • CC/R Restrictions: No
  • Sliding Scale: No
  • Taxes $: $4,775.00
Parking
  • Parking Capacity per Unit: 1
  • Parking Types: Common
Property
Lot Information
  • Class: Multi-Family
  • Type: Multi-Family
  • Source of SqFt: Assessor
  • Year Built: 1964.0
  • Acreage: 0.47
  • Type of Property: Apartment Complex
  • Parcel #: 00211102
  • Complex Name: Lee Street Apartments
  • Gross Square Footage: 11200.0
Property and Assessments
  • Documents On File: Financial Statements
  • ADA Compliant: No
  • Construction: Wood Frame
  • Associated Document Count: 8
  • LVT Date: 05-21-2024
Utilities
  • Individually Metered: No
Interior and Exterior Features
Interior Features
  • Heating/Cooling: Varies by Unit
  • Water Heater: Varies by Unit
  • Windows: Varies by Unit
  • Facility Features: Landlord Pays Utilities
  • Common Features: Alley Access
  • Unit Features: Balcony
  • Appliances: Varies Per Unit
  • Laundry: Varies Per Unit
  • Flooring: Varies by Unit
Exterior Features
  • Foundation: None
  • Exterior: Wood Siding
  • Roof: Composition/Shingle
  • Utilities: City/County Water, City Sewer, Electricity, Natural Gas
  • Landscaped: Water Sense Landscaping
  • Sprinklers: None
  • Fenced: Partial
Room
  • Studio - # Baths: 0
  • 1 Bedroom - # Baths: 0
  • 1 Bedroom - # Units: 0
  • 1 Bedroom - SqFt/Unit: 0
  • 1 Bedroom - Avg Rent/Unit: 0
  • 2 Bedroom - # Baths: 1
  • 2 Bedroom - # Units: 2
  • 2 Bedroom - SqFt/Unit: 700
  • 2 Bedroom - Avg Rent/Unit: 1750
  • 3 Bedroom - # Baths: 0
  • 3 Bedroom - # Units: 0
  • 3 Bedroom - SqFt/Unit: 0
  • 3 Bedroom - Avg Rent/Unit: 0
  • 4+ Bedroom - # Baths: 0
  • 4+ Bedroom - # Units: 0
  • 4+ Bedroom - SqFt/Unit: 0
  • 4+Bedroom - Avg Rent/Unit: 0
  • Manager Unit - # Bedrooms: 0
  • Manager Unit - # Baths: 0
  • Manager Unit - SqFt: 0
  • Studio - # Units: 0
  • Studio - SqFt/Unit: 0
Multi Family
Multi-Family Information
  • Studio - Average/Unit: 0
  • # Buildings: 4
  • # Units: 16
  • Stories: 2 Story
Income & Expenses
  • Annual Income & Expenses: Pro Forma
Agent
Showing and Remarks
  • Showing Instructions: ShowingTime
Sale and Listing
  • Sale/Rent: For Sale
  • DOM: 9
  • DOMLS: 9
  • Cumulative DOM: 127
  • Cumulative DOMLS: 126
  • Possession: COE
  • Sale/Lease: For Sale
  • Contact Name: Jean Merkelbach
  • Contact Phone: (775) 588-0609
Rental
Rent Information
  • Annual Vacancy: $.00
  • Current Lease: Month to Month

Property History for 420 Lee Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 420 Lee Street

Taxable ValueLand$100,319Additions$95,951Total$196,270
Tax Record2023$4,775 ($398 / month)
Home Facts
Total Finished SqFt2,800 SqFtAbove Grade Finished SqFt2,800 SqFtStories2Lot Size20,473 SqFtStyleMulti-Family Res (5+ Units)Year Built1964ZoningMFACountyCARSON CITYAPN002-111-02

Schools near 420 Lee Street

This home is within Carson City School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Private - PK to 8
Rating
School
Distance
Carson Middle School
Public6 to 8

Carson High School
Public9 to 12

Bethlehem Lutheran School
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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420 Lee Street is a multi-family home for sale in Carson City, NV 89706. This property was listed for sale on May 21, 2024 by Engel & Volkers Lake Tahoe, it's currently listed at $3,750,000. It has been on the market for a total of 26 days and was last sold on December 1, 2021. This listing's school district is Carson City School District. Nearby schools include Grace Bordewich Mildred Bray Elementary School, Carson Middle School and Carson High School. 420 Lee Street is a 4-bed, 1-bath, 11,200 sqft multi-family home built in 1964.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Engel & Volkers Lake Tahoe, Jean Merkelbach, License #181

Based on information from one of the following Multiple Listing Services: MetroList, Tahoe Sierra Board of REALTORS, South Tahoe Association of REALTORS, Mammoth Lakes Board of REALTORS MLS, Northern Nevada Regional MLS, Incline Village Board of REALTORS, Inyo County MLS, and Plumas Association of REALTORS.. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MetroList, Tahoe Sierra Board of REALTORS, South Tahoe Association of REALTORS, Mammoth Lakes Board of REALTORS MLS, Northern Nevada Regional MLS, Incline Village Board of REALTORS, Inyo County MLS, and Plumas Association of REALTORS. is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.