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Cindy Miller

cindy@agent4u775.com +1(775) 230-2624

$ 1,695,000

Est. payment | -/mo

5,128 SqFt

Save

$ 1,695,000

Est. payment | -/mo

Save

5,128 SqFt

Key Details

Property Type Multi-Family, Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,128 sqft

Price per Sqft $330

Subdivision Wells Addition

MLS Listing ID 260010119

Year Built 1926

Annual Tax Amount $3,605

Lot Size 10,498 Sqft

Acres 0.24

Lot Dimensions 0.24

Property Sub-Type Multi Family

Property Description

Excellent investment opportunity in Midtown offering 8 units including a duplex and a 6-plex on one parcel. Duplex built in 1926; 2-bed/1-bath and 1-bed/1-bath - both units have laundry. 6-plex (built in 1963) consists of six 1-bed/1-bath units with good closet space. Potential for on-site laundry in the basement. All 8 units have designated off-street parking. Well maintained and a fantastic location in Midtown make these units desirable and easy to rent; close proximity to restaurants, shopping, nightlife, etc.. 6-plex averages between $1,022-$1,050 per unit. Duplex is $1,850/mo for 2-bed/1-bath and $1,422/mo for 1-bed/1-bath. Gross scheduled income is $113,592.

Location

State NV

County Washoe

Community Wells Addition

Area Wells Addition

Zoning MF30

Rooms

Basement Unfinished

Interior

Heating Electric, Forced Air, Natural Gas

Cooling Central Air, Electric

Flooring Vinyl

Fireplace No

Laundry Varies By Unit

Exterior

Parking Features Alley Access, Off Street, Parking Lot

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected

View Y/N No

Roof Type Composition,Flat,Membrane,Pitched,Shingle

Garage No

Building

Lot Description Landscaped

Story 2

Foundation Concrete Perimeter, Crawl Space

Water Public

Structure Type Block,Vinyl Siding

Others

Tax ID 013-091-12

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Listed by Ferrari-Lund R.E. Sparks

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(775) 230-2624

cindy@agent4u775.com

1755 E Plumb Ln, Reno, NV, 89502, USA

357 Roberts ST Reno, NV 89502

Cindy Miller

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Schools and Properties Nearby

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357 Roberts ST