$119,000 Active
1940 4th Street #32
Sparks, NV 89431
STR Status Unknown
2 Beds
·
1.0 Baths
·
940 Sq Ft

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About This Property

Wonderful upstairs unit for 50+ Co-Op complex that is well maintained. Sale is subject to buyer being approved by cooperative association board of trustees, and a background check is required. Sale is a stock certificate transfer. Buyer to verify all information. Enjoy the lush and well maintained landscaping. Close to shopping, and bus routes are right on 4th Street. Come and make some new friends!, Association fees cover water, sewer, garbage, taxes, hazard insurance, laundry facilities, snow removal, exterior and some interior maintenance, including the furnace and water heater. Lockbox is located in the stairwell.

Listed by Garret Idle — LPT Realty, LLC

Listing Details

Status Active
MLS # 260011648
Days on Market 32
Price/Sq Ft $127

Property History

Sep 09, 2026
Listed for sale
$119,000
Property Overview
Beds 2
Baths 1.0
Sq. Ft. 940
Lot Size 3.51 acres
Stories 1
Year Built 1960
Property Type StockCooperative
APN 028-321-01
Parking
Garage Spaces 1
Total Parking 1
Parking Features Detached, Garage
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Common Area, Landscaped, Level
View Park/Greenbelt, Trees/Woods
Construction Brick
Roof Composition, Pitched, Shingle
Foundation Slab
Utilities & Systems
Heating Natural Gas, Wall Furnace
Cooling Electric, Wall/Window Unit(s)
Financial
Annual Tax $27,348
HOA Fee $500 / Monthly
HOA / Community Lynwood Arms
Schools
Elementary School Greenbrae
Middle School Dilworth
High School Sparks
HOA & Community
Community Amenities Landscaping, Management
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STR Investment Analysis

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

STR Investment Analysis

STR analysis
STRUCTURAL SCORE —
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PROJECTED GROSS ANNUAL REVENUE
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Avg Nightly
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Occupancy
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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

$3,519 per month
Principal & interest
$602/mo
Property taxes
$2,279/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$500/mo
From MLS listing data.
Home insurance
$138/mo
Estimated ~$1,300–$2,000/yr — get a local broker quote for accuracy.
Down payment
20% ($23,800)
Home price
$119,000
Loan details
30-yr fixed, 6.5%
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