$725,000

Residential Income In Reno

  • 4 Beds
  • 3 Baths
  • 1,103 Sqft
  • 8,277 Sqft lot
  • Updated: June 13
  • Source:
    Northern Nevada Regional MLS  MLS#260003996

About the Property

7.2 cap rate on in place income! Opportunity to own two units with a bonus detached living space that could be used to generate additional income utilizing the space as a rental, short-term rental, or owner occupier, multi-gen living, or an art studio. The property has been meticulously maintained, with recent HVAC servicing, and jetted sewer line. The main house is 2 beds, 1 bath and 828 sqft. Th
7.2 cap rate on in place income! Opportunity to own two units with a bonus detached living space that could be used to generate additional income utilizing the space as a rental, short-term rental, or owner occupier, multi-gen living, or an art studio. The property has been meticulously maintained, with recent HVAC servicing, and jetted sewer line. The main house is 2 beds, 1 bath and 828 sqft. The garage has been converted into a modern and efficient studio that has very little vacancy. The detached bonus unit is a cleverly designed studio space with its own HVAC and water heater. All units have their own washer and dryer hookups. There is an attached RV pad with full hookups that historically brings in additional income. The property is within minutes to the University of Nevada Reno campus and there are parking spaces for 6, with dedicated City of Reno passes. Property is tenant occupied, please do not disturb the tenants.
  • Property type

    Other

  • Floors

    1

  • Year built

    1948

  • Price/sqft

    $657

Features

  • Garage
  • Washer Dryer
  • Parking

Explore the Area

99 Bartlett Street, Reno, Nevada, United States View on Google Maps
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RE/MAX Gold - Reno

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RE/MAX Gold - Reno
Nevada, United States
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RE/MAX Gold - Reno
Reno, Nevada, United States
View agency profile
Last updated
June 13
First listed
Apr 7
Listing reference
260003996
Listing status
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