$99,500 Active
615 Grinnel Ave
Lovelock, NV 89419
STR Status Unknown
4 Beds
·
3.0 Baths
·
2,056 Sq Ft

About This Property

Incredible flip opportunity in Lovelock with tons of upside. This two-story, over 2,000 sq.ft. home has a main level (approx. 1,522 sq.ft.) is laid out for three spacious bedrooms, two full baths, a laundry room, and an open kitchen/dining/living area. Upstairs, the 450 sq.ft. plan features a generous primary suite with its own bath plus a bonus/flex room. Proposed floor plans are available. According to seller, there is a new roof and the exterior was prepped for T1-11 siding—matching the remodeled home next door—and the fully fenced yard includes a good-sized storage shed that could be converted into a garage. All city utilities are on site. The existing shed could be converted into a garage. Seller started project but must sell due to unexpected health issues, creating a chance for an investor or contractor to finish a project with major potential. Bring your vision and tools and turn this into a great income-producing property. To be sold "as is". Some building materials included. Video showing the interior available upon request.

Listed by Astrid Armani — Armani Land Company

Listing Details

Status Active
MLS # 250058924
Days on Market 149
Price/Sq Ft $48

Property History

Dec 09, 2025
Listed for sale
$99,500
Property Overview
Beds 4
Baths 3.0
Sq. Ft. 2,056
Lot Size 0.16 acres
Stories 2
Year Built 1935
Property Type Single Family Residence
Subdivision Marker Addition #2
APN 001-101-12
Parking
Total Parking 1
Parking Features Parking Pad
Exterior & Lot
Exterior Features None
Lot Features Level
Construction Frame
Roof Shingle
Foundation Concrete Perimeter
Utilities & Systems
Heating None
Financial
Annual Tax $475
Schools
Elementary School Lovelock
Middle School Pershing
High School Pershing
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STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED ANNUAL REVENUE
$142,500 ($118K – $167K range)
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%

Cost Segregation Tax Savings

Estimated first-year bonus depreciation savings

Estimated First-Year Tax Savings
$0
via bonus depreciation
Land Value
$0
Improvement Basis
$0
5-Year Property (18%)
$0
15-Year Property (10%)
$0
Estimates are for informational purposes only and do not constitute tax advice. Consult a qualified CPA or tax professional for your specific situation. Actual savings depend on individual tax circumstances.

Payment calculator

$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($19,900)
Home price
$99,500
Loan details
30-yr fixed, 6.5%
Request a Tour
Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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