$1,050,000

Modern Triplex With Exceptional Tenant Appeal

  • 7 Beds
  • 3,340 Sqft
  • Updated: June 19
  • MLS#250000365

About the Property

Investment Triplex next to University! Steps from the University with easy access to downtown and major city routes. This triplex property is an ideal investment for rental income or owner-occupancy with rental benefits. Unit one: built in 2015; this modern three-bedroom unit offers contemporary finishes, spacious living areas and excellent tenant appeal. Units two and three: located in the origin
Investment Triplex next to University! Steps from the University with easy access to downtown and major city routes. This triplex property is an ideal investment for rental income or owner-occupancy with rental benefits. Unit one: built in 2015; this modern three-bedroom unit offers contemporary finishes, spacious living areas and excellent tenant appeal. Units two and three: located in the original duplex building; both units feature well-maintained interiors with consistent rental history. The pictures are from 2016 before the units were occupied. Units two and three (the duplex) were updated at the same time unit one was constructed in 2015. Current cap rate is low due to long standing below market rents. New owner can significantly increase cash flow by adjusting rents to meet current market demand. Maximize your return; this property presents a unique value-add opportunity for savvy investors looking to capitalize on under market rents in a high-demand area. Seller is related to Listing Agent.
  • Property type

    Other

  • Year built

    1918

  • Price/sqft

    $314

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462 Laurel Reno NV 89512 USA, Nevada, United States View on Google Maps
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Victoria Palladino

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Victoria Palladino
Nevada, United States
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2026
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Dickson Realty
Dickson Realty
6140 Plumas St #100, 89519, Reno, Nevada, United States
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Buying or selling a home is more complex and faster paced than ever. Since 1973, the Realtors of Dickson Realty

Buying or selling a home is more complex and faster paced than ever. Since 1973, the Realtors of Dickson Realty have worked to bring unsurpassed knowledge, skills and resources to make the experience of buying or selling property smoother, more profitable and more secure.
Our mission has been the same since 1973:


• To provide outstanding real estate services by understanding the nuances of neighborhoods
• To provide sophisticated marketing plans
• To provide expert negotiation skills
• To provide expert extensive connections that help our clients get the best and the most


In 2010 Dickson Realty was named the 60th largest independent real estate company in the United. As the number one real estate office in Northern Nevada, Dickson Realty continues to offer consistent real estate service throughout Northern Nevada and the Lake Tahoe area.

As we continue to grow, our mission of offering outstanding real estate service and affiliating with the finest Realtors in the area will never change, which continues to set Dickson Realty apart from their competitors.

Last updated
June 19
First listed
May 13
Listing reference
4d913e01-4d56-11f1-850c-6045bdd61ac4
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