198 N C Street Virginia City, NV 89440
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.
property details
Interior Features
Ceiling Fan(s)
Refrigerator
Exterior Features
Shingle
Utility & Building Info
Floor Furnace
Price History
| date | event | price | source |
|---|---|---|---|
|
01/03/2025
01/03/2025
|
Sold |
$900,000
|
Northern Nevada MLS |
|
10/17/2024
10/17/2024
|
Pending |
$975,000
|
Northern Nevada MLS |
|
10/05/2024
10/05/2024
|
Active |
$975,000
|
Northern Nevada MLS |
Market Trends
Source: Constellation1
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